Most Australian insurers offer optional Children's Cover (sometimes called Child Trauma Cover or Children's Critical Illness) as an add-on to a parent's trauma or life insurance policy. Children's Cover typically pays a smaller lump sum (commonly capped between $50,000 and $250,000) if a child between defined ages (commonly 2 to 17 or 21) is diagnosed with a covered condition such as childhood cancer, leukaemia, type 1 diabetes, or specified developmental conditions. The list of covered conditions and the maximum benefit vary by insurer — AIA, Encompass, and several other panel insurers include children's cover options. The benefit is usually paid to the parent or policy owner to cover medical costs, treatment travel, time off work to care for the child, and other recovery-related expenses. There's typically no separate underwriting for the child (cover is added to the parent's policy), but some pre-existing conditions or congenital issues may be excluded. Premiums are relatively low compared to adult trauma cover. Children's cover usually ends at a defined age and may convert to an option for the child to take out their own trauma policy without medical evidence at adulthood. Check the PDS for the specific product to confirm condition list, age limits, and any exclusions.