EasyProtect Income

EasyProtect Income

You can get peace of mind with OnePath EasyProtect Income - insurance to help pay the bills if you can’t work due to illness or injury.

Get an online insurance quote.

Things happen. But if something happened that meant you couldn’t work for a while, what would happen to your income and lifestyle?

With OnePath EasyProtect Income insurance, you can rest easy. If you're unable to work due to illness or injury, you can receive up to $10,000 per month# to help pay the mortgage, bills and other day-to-day expenses. And you can choose from our range of cover options, allowing you to customise your insurance policy to your circumstances.

The EasyProtect Income protection insurance application process is simple - there are no medical tests required, and if your application is accepted, you’ll be covered right away^. Plus, your premiums may be tax deductible, and if you’re a new policy holder, you will be eligible for our one-off $100 cash back Healthy Living Bonus if you don’t make a claim in your first 12 months of cover.

You can get a quick quote or buy OnePath EasyProtect Income insurance online or by calling us on 1300 362 975.

Who is income protection insurance for?

EasyProtect Income insurance is suitable for anyone aged 18 to 59 who is a permanent resident+ of Australia, and who has been working more than 20 hours per week over the last 12 months and in continuous employment for 12 months in the last 24 months.

# The maximum Income Benefit you can select is $10,000 for standard risk occupations and $3,000 for special risk occupations. The monthly amount payable for the Income Benefit will be the lesser of the Income Benefit shown on your Policy Schedule and 75% of your average monthly pre-claim earnings (less other payments).
^ We will not pay a claim arising directly or indirectly from a pre-existing medical condition occurring in the two years before the policy acceptance date. A pre-existing medical condition is an injury, illness, condition or related symptom: that you (or a reasonable person in your position) were aware of, or should have been aware of; or for which you had, or were intending to have, a medical consultation; or which a reasonable person in your circumstances would have had a medical consultation.
+ Applicants must hold an Australian or New Zealand Citizenship, or an Australian Permanent Residency Visa, and is currently residing in Australia at the time of application.

EasyProtect Income is issued by OnePath Life Limited (OnePath Life) (ABN 33 009 657, 176 AFSL 238341). OnePath Life is a wholly owned subsidiary of Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522, an authorised deposit taking institution (Bank) under the Banking Act 1959 (Cth). OnePath Life is the issuer of the product but it is not a Bank. Except as set out in the issuer’s contract terms (including the Product Disclosure Statement (PDS), this product is not a deposit or other liability of ANZ or its related group companies. None of them stands behind or guarantees the issuer. 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 information, having regard to your objectives, financial situation and needs. You should read the PDS and consider whether this product is right for you.

* You must be a Qantas Frequent Flyer member and correctly register valid membership details with OnePath to start earning Qantas Points on eligible OnePath premiums you pay. Points are earned in accordance with the ‘OnePath and Qantas Frequent Flyer Rewards Terms and Conditions’. Membership and points are subject to Qantas Frequent Flyer program terms and conditions available at qantas.com/frequentflyer. Points are only earned on premiums you pay after OnePath has received your Qantas Frequent Flyer membership details. Qantas does not endorse, is not responsible for and does not provide any advice, opinion or recommendation about these life insurance products.