It’s no secret that the property market in Sydney has seen a major slowdown in recent times with prices down significantly from their heady peaks during the latest boom. However, the upside of the dow …
“I was flabbergasted when I received the $1M dollars. It came as a complete shock as the medical procedure was so minor and not a big deal. I would never have even known that I could claim for this had Doug not insisted on our annual insurance review. It was only as we were going through recent changes that had occurred for me and my family that the procedure came up – five days later I had the money in my account!”
No matter what policies you have, it pays to review them regularly. What appears unimportant today could be essential tomorrow.
Insurance Advisory Service met with long-term client, Emma Matthews* for her annual policy review. In conversation with Emma, she mentioned that in the previous 12 months she had started to feel lethargic and worn out. Upon a visit to her GP, and following a series of tests, Emma was diagnosed with thyroid cancer.
When we asked Emma why she hadn’t told us about this condition and treatment she replied that “as it was minor” it simply hadn’t occurred to her to let us know. We reviewed Emma’s Trauma Insurance policy wording and discussed the possibility of making a claim with her insurer.
As a result of the comprehensive Trauma Insurance previously placed by IAS, Emma received a lump sum payment of one million dollars from the insurer. We assisted Emma in making her claim, which was paid within 14 days of claim paperwork being accepted along with her medical reports.
Emma was treated quickly and made a full recovery in a relatively short period of time. With a significant lump sum payment in hand, Emma had total peace of mind and financial freedom during this stressful period.
* Client’s names have been changed to protect confidentiality.