Protecting your family when it matters most
At Abbotts, we understand safeguarding your child’s future means preparing for the unexpected. Selecting the right Child Cover provides a vital financial safety net, helping you focus on what truly matters–your child’s care and recovery–during life’s most challenging times.
As independent financial advisors, we act in your best interests, working with a range of trusted insurance providers to recommend solutions tailored to your family’s unique circumstances. Our approach ensures clarity, transparency, and flexibility, helping you secure peace of mind for the road ahead.
Why Child Cover matters
No parent wants to imagine their child facing a serious illness or life-altering event. Having the right protection in place can make a world of difference, easing financial and emotional pressures during challenging times.
Key benefits of Child Cover include:
- Financial security when it matters most: Receive a lump sum payment to help with medical expenses, recovery costs, or living expenses in the event of your child’s terminal illness, critical illness, or passing.
- Flexibility to meet your family’s needs: Funds can be used however you see fit, whether it’s for specialised care, travel costs, or other priorities during a difficult time.
- Family-focused support options: Some policies include features like grief counselling, temporary cover suspension during financial hardship, or options to transition coverage as your child grows.
Note: The benefits and features of Child Cover vary depending on the provider and specific policy. Abbotts’ advisors will work with you to find a solution tailored to your family’s unique needs.
How Child Cover works
Child Cover provides financial support in the form of a lump sum payment if your child experiences a covered event, giving you the flexibility to:
- Cover medical treatments, rehabilitation, or specialised care.
- Manage travel and accommodation expenses for accessing healthcare services.
- Replace lost income so you can take time off work to focus on your child’s recovery.
- Handle funeral or memorial costs with dignity and care.
Abbotts takes a personalised approach to selecting the right policy for your family. As independent advisors, we ensure your Child Cover integrates into your broader financial strategy, working with you and your attorney where necessary to provide comprehensive and reliable advice.
Frequently Asked Questions
Child Cover provides financial support in the event of a terminal illness, critical illness, or death. It offers flexibility to use the benefit for medical costs, daily living expenses, or other family needs.
Yes, Child Cover can often be added as a supplementary benefit to a parent’s existing life insurance policy for comprehensive family protection.
Many policies include a conversion option, allowing your child to transition their coverage into adult life cover without reapplying or providing new medical evidence.
As independent advisors, we work with a variety of providers to help you compare options and select a policy that aligns with your family’s specific needs and goals.
Some policies include features like the ability to temporarily suspend cover during financial hardship, ensuring continued flexibility for families.
Contact our team at Abbotts to discuss your family’s needs. We’ll provide personalised recommendations and guide you through the process of selecting the right Child Cover for your circumstances.
Protect your child’s future with tailored financial advice
At Abbotts, we’re committed to helping families secure their financial future with confidence and clarity. Our independent advisors act in your best interests, ensuring the Child Cover policy you choose perfectly suits your family’s priorities and long-term financial goals.
Take the first step toward protecting your family today. Contact us to speak with a trusted advisor and explore your options for Child Cover.
