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Australian families are underinsured

Research has shown that 95% of Australian households are dangerously underinsured and one in five Australian families will lose at least half of their income at some point in their lives. Sadly too many Australians don’t stop to consider the impact on their families.

OnePath Life has developed a new life insurance product for members with a Life Benefit of up to $2.5 million called Professionals Life Cover Plus. It is designed for professionals who are looking for higher cover options that other insurance products may not provide. With no medicals or blood tests required, immediate cover upon acceptance and an optional Major Illness and Injury Benefit, Professionals Life Cover Plus can help your family with loan repayments, household bills and other everyday expenses in the event of major illness, injury or death.

For more information visit www.onepath.com.au/ama or call 1800 658 679.

Source: The University of Canberra Lifewise/Natsem report 2010.