EasyProtect Life insurance from OnePath is a simple and easy way to protect your family from the financial consequences of your death. It pays a lump sum which can be used to help eliminate any debts and cover your family’s day-to-day expenses, providing them with the security they need for their future.
You can choose a level of cover that suits your circumstances and budget.
EasyProtect Life insurance pays a lump sum if you die, with an advance payment of the full Life Benefit if you are diagnosed as terminally ill and expected to live less than 12 months.
You can choose to add the optional Major Illness and Injury Benefit to your policy, for an extra cost from less than $1 a day~, giving you additional financial protection against eight specified major illnesses and injuries.
EasyProtect Life insurance is suitable for anyone aged between 18 and 59 who is an Australian or New Zealand citizen, or holds a Permanent Residency Visa, and is currently residing in Australia at the time of applying. But it’s particularly important if you have debts or dependants.
~ For less than an additional $1 a day, a 35 year old non-smoking male can add a $200,000 optional Major Illness and Injury Benefit to his $400,000 Life Benefit.
^ Life Benefit up to $1,500,000 only available to persons aged 18-44, up to $750,000 to persons aged 45-54 and up to $250,000 for persons aged 55-59.
+ The discount will be included in the calculation of your annual premium amount as shown in your premium quotation.
* You must be a Qantas Frequent Flyer member and correctly register valid membership details with OnePath to start earning Qantas Frequent Flyer 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.
EasyProtect Life 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.