OnePath Life Insurance Review
OnePath is one of Australia's longest-standing life insurance brands. Its life insurance business is now part of the global Zurich group - the OneCare products are issued by Zurich Australia Limited, trading as OnePath Life. OneCare offers life cover, TPD, trauma and income protection, along with features such as child cover and continuous care benefits, available through financial advisers and, for some products, through superannuation. OnePath combines a long claims heritage with the scale and stability of a major global insurer.
Who OnePath suits
OnePath can suit people who want cover from a long-established brand backed by the scale of Zurich, and who are working with an adviser. Its OneCare range is comprehensive and can be held through super for some products, which may appeal to people wanting to fund premiums tax-effectively. It is also directly relevant to existing OnePath and OneCare policyholders reviewing their cover.
OnePath key strengths
- Long-established Australian life insurance brand, now part of the global Zurich group
- OneCare products issued by Zurich Australia Limited, trading as OnePath Life
- Comprehensive cover including life, TPD, trauma, income protection and child cover
- Some products available through superannuation
- Backed by the scale and stability of a major global insurer
Things to consider
- OneCare policies have been transitioning onto Zurich systems - existing customers should confirm any administrative changes
- Products are arranged through licensed financial advisers, not sold directly online
- As with any insurer, premium structure (stepped vs level) affects long-term cost
How OnePath's TPD definition compares
We compare OnePath's own occupation and any occupation TPD wording against ten other Australian insurers, quoted from each PDS: TPD definitions compared across 11 insurers.
How OnePath's terminal illness definition compares
We compare OnePath's terminal illness wording, certification requirements, funeral advance and expiry ages against ten other Australian insurers, quoted from each PDS: life cover compared across 11 insurers.
OnePath life insurance FAQs
Is OnePath part of Zurich?
Yes. OnePath's life insurance business is part of the global Zurich group. The OneCare products are issued by Zurich Australia Limited, trading as OnePath Life, and OneCare policies have been transitioning onto Zurich systems.
What is OneCare?
OneCare is OnePath's life insurance product range. It includes life, TPD, trauma and income protection, along with features such as child cover and continuous care benefits, arranged through financial advisers. Some products can be held through superannuation.
Is my OnePath or OneCare policy still valid?
Yes. Existing OneCare policies continue under their terms, with administration transitioning onto Zurich systems. If you have questions about your specific policy, contact OnePath or your financial adviser.
Can I hold OneCare through superannuation?
Some OneCare cover can be held through superannuation via OneCare Super. Whether this suits you depends on your individual circumstances, and your adviser can explain the options and any tax implications.
Compare OnePath with 11 insurers
Your Choice Life compares OnePath against 11 of Australia's leading insurers to help you find good-value cover. It is free, with no obligation - get an instant quote online or request a comparison.
Your Choice - Life Insurance is an Authorised Representative (AR 001318312) of Life Plan FP Australia Pty Ltd, AFSL 277681. This is general advice only and does not consider your personal circumstances; consider the relevant PDS and TMD before deciding.
Written by Sam Yakoubian, Authorised Representative 001318312 of Life Plan FP Australia Pty Ltd, AFSL 277681.
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