Important Information

Obtaining up to date information about OnePath Product Disclosure Statements.

The information contained in each PDS is up to date at the time of its preparation, but is subject to change and may be updated via regular communications to you and on this page.  A Supplementary Product Disclosure Statement or a replacement Product Disclosure Statement will be issued if there is a materially adverse change or omission.

You can request a paper copy of any updated information shown on this page, which will be provided to you free of charge, by contacting our Customer Services Team, on 1800 500 229 for Life insurance, or 132 062 for General insurance.


Product Disclosure Statement Updated information

EasyProtect Life dated 15 November 2010


EasyProtect Major Illness dated 15 November 2010

 

EasyProtect Income dated 15 November 2010

 

ANZ Life Insurance dated 8 November 2010


ANZ Critical Illness Cover dated 8 November 2010


ANZ Income Protection dated 8 November 2010


OnePath SecureLife Plan dated 15 November 2010


ANZ SecureLife Plan dated 15 November 2010


ANZ BirthdayLife Plan dated 15 November 2010


ProSecure Income Replacement Plan dated 15 November 2010


The following paragraph is inserted at the end of the "About the premium" section of each of the above product disclosure statements:

 

You may be entitled to earn Qantas Frequent Flyer points on the premiums you pay for this policy. Please visit our website at onepath.com.au/qff-terms-conditions for details.

Home Insurance dated 15 November 2010


Landlord Insurance dated 15 November 2010


Car Insurance dated 15 November 2010


The following paragraph is inserted at the end of the "Your premium" section of each of the above product disclosure statements:

 

Pride points

You may be entitled to earn Pride points on the premiums you pay for this policy. Please visit our website at onepath-pride.com.au conditions for details.

Travel Insurance dated 15 November 2010

The Travel Insurance Product Disclosure Statement dated 15 November 2010 is updated by inserting the following paragraph after the "The cost of this insurance" section on page 43:

 

Pride points

You may be entitled to earn Pride points on the premiums you pay for this policy. Please visit our website at onepath-pride.com.au conditions for details.

ANZ Income Protection dated 28 April 2011


EasyProtect Income dated 28 April 2011

The Product Disclosure Statement is updated by replacing the fourth paragraph in the "Waiting period" section on page 7 with the following:


If you return to work in your regular occupation or any other gainful occupation during the waiting period for no more than five consecutive days, the days spent at work will be added to the remaining waiting period.

Professionals Life Cover Plus
For Medical Professionals
Product Disclosure Statement and Policy (PDS)
Dated 1 August 2011


 

Professionals Life Cover Plus
Product Disclosure Statement and Policy (PDS) 
Dated1 August 2011

 

The following updates enable premiums to  be paid in fortnightly instalments (updated words in bold):

 


‘About the Premium’ section – second paragraph (Page 11 of each PDS):
“Premiums can be paid fortnightly, monthly or annually by direct debit from a credit card or bank account.”

 


‘Discount for combined cover’ section (Page 12 of each PDS:

“If you take out cover for yourself as the principal life insured and also for a second life insured, the following discounts will apply to the premium in respect of the second life insured:


if you pay fortnightly, a discount of $2.50 off the fortnightly premium,
• if you pay monthly, a discount of $5 off the monthly premium,
• if you pay annually, a discount of $40 off the annual premium.”
 

‘Cooling-off period and cancellation’ section – second paragraph (Page 14 of each PDS:
“If the policy is cancelled or avoided during the 21 day cooling-off period, we will return any premiums paid, providing no claim has been made. After the cooling off period, we will not refund any fortnightly or monthly premiums if the policy is cancelled.”

 

Car Insurance dated 15 November 2010


ANZ Car Insurance dated 20 November 2010


Home Insurance dated 15 November 2010


ANZ Home Insurance dated 20 November 2010


Landlord Insurance dated 15 November 2010


ANZ Landlord Insurance dated 20 November 2010

The following paragraph is inserted at the end of the "How we calculate your premium" section of the product disclosure statement:

 

From time to time, the issuers may promote special offers relating to the purchase of this product which may include discounts, cash-back or loyalty incentives. To find out what special offers maybe available to you, visit your local ANZ branch or call 13 16 14 for more information.

Travel Insurance dated 15 November 2010

 

ANZ Travel Insurance dated 20 November 2010

The following paragraph is inserted at the end of the "What you have to pay" section of product disclosure statement:


From time to time, the issuers may promote special offers relating to the purchase of this product which may include discounts, cash-back or loyalty incentives. To find out what special offers maybe available to you, visit your local ANZ branch or call 13 16 14 for more information.

ANZ Loan Protection dated 28 February 2011

The following paragraph is inserted at the end of the "How is the premium calculated?" section the product disclosure statement:

 

From time to time, the issuers may promote special offers relating to the purchase of this product which may include discounts, cash-back or loyalty incentives. To find out what special offers maybe available to you, visit your local ANZ branch or call 1300 552 253 for more information.

ANZ Mortgage Protection dated 28 February 2011

The following paragraph is inserted at the end of the "How is the premium calculated?" section the product disclosure statement:

 

From time to time, the issuers may promote special offers relating to the purchase of this product which may include discounts, cash-back or loyalty incentives. To find out what special offers maybe available to you, visit your local ANZ branch or call 13 33 33 for more information.

ANZ Credit Card Insurance dated 1 April 2012
A reminder about your credit card insurance

The following paragraph is included as paragraph 4 under the ‘Definition and amount payable’ for the ‘Involuntary Unemployment Benefit’ on page 14 of the ANZ Credit Card Insurance Product Disclosure Statement.

 

For policyholders holding a Temporary Business (Long Stay) – Standard Business Sponsorship (Subclass 457) Visa, who are not able to meet the requirements detailed in the paragraph above, subject to the application of the waiting period, benefit payments commence from when you provide evidence of your employment termination and evidence to our satisfaction that you are actively seeking employment in your country of residence.

ANZ Mortgage Protection Insurance dated 28 February 2011

Effective from: 28 June 2014

The Product Disclosure Statement is updated by replacing the "Non-Disclosure – Life Benefit cover" section on page 2 with the following:

Non-Disclosure – Life Benefit cover

If you do not disclose to us every matter that you know or could reasonably be expected to know, that would be relevant to our decision whether to accept the risk of the insurance and if so, on what terms, we may avoid the contract, or avoid your cover within three years of entering into it, provided that we would not have entered into that contract or accepted cover for you had full disclosure been made.

Where we are entitled to avoid a contract of life insurance, we may elect not to avoid it but apply either of the following options:
• reduce the sum that you would have been insured for in accordance with a formula that takes into account the premium that would have been payable if you had disclosed all relevant matters to the insurer; or
• vary the contract in such a way as to place us in a position that we would have been had you disclosed all relevant matters.

Where your contract is in respect of death cover, we may only apply the first of the two options and we must do so within three years of you entering into the contract or us providing cover to you


ANZ Loan Protection Insurance dated 28 February 2011

Effective from: 28 June 2014

The Product Disclosure Statement is updated by replacing the "Non-Disclosure – Life Benefit cover" section on page 3 with the following:

Non-Disclosure – Life Benefit cover

If you do not disclose to us every matter that you know or could reasonably be expected to know, that would be relevant to our decision whether to accept the risk of the insurance and if so, on what terms, we may avoid the contract, or avoid your cover within three years of entering into it, provided that we would not have entered into that contract or accepted cover for you had full disclosure been made.

Where we are entitled to avoid a contract of life insurance, we may elect not to avoid it but apply either of the following options:

• reduce the sum that you would have been insured for in accordance with a formula that takes into account the premium that would have been payable if you had disclosed all relevant matters to the insurer; or
• vary the contract in such a way as to place us in a position that we would have been had you disclosed all relevant matters.

Where your contract is in respect of death cover, we may only apply the first of the two options and we must do so within three years of you entering into the contract or us providing cover to you.


QBE Lease Protection Insurance dated June 2011

Effective from: 28 June 2014

The Product Disclosure Statement is updated by removing the second and third paragraph in the "If you do not tell us" section of page 4.


Home, car, travel and landlord insurance products are underwritten and issued by OnePath General Insurance Pty Limited (OnePath General) ABN 56 072 892 365, AFSL 288 160 and QBE Insurance (Australia) Limited (QBE) ABN 78 003 191 035, AFSL 239545.

OnePath’s EasyProtect Life, EasyProtect Income, EasyProtect Major Illness and Accident Cover Plus is issued by OnePath Life Limited (OnePath Life) ABN 33 009 657 176, AFSL 238341.

ANZ Mortgage Protection and ANZ Loan Protection are issued by OnePath Life Limited (OnePath Life) ABN 33 009 657 176, AFSL 238341 and QBE Insurance (Australia) Limited (QBE) ABN 78 003 191 035, AFSL 239545.

ANZ Credit Card Insurance is issued by OnePath Life Limited (OnePath Life) ABN 33 009 657 176, AFSL 238341 and OnePath General Insurance Pty Limited (OnePath General) ABN 56 072 892 365, AFSL 288160.

The information provided is of a general nature and does not take into account your personal needs and financial circumstances. You should consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. You should read the Product Disclosure Statement and consider whether this product is right for you.