Life Cover

Why do you need it?
If you died, how would your family cope financially?
What do you want for their future?

Use your Life Cover to:
- Replace a lost income
- Provide financial ‘breathing space’ while coming to terms with the loss of a loved one
- Give a surviving parent or guardian the option to be able to stay home with the children pay off the mortgage and any other debts you may have
- Set aside a nest egg for a surviving partner’s retirement
- Cover the costs of education and healthcare for your family

As a minimum, use it to cover the cost of a funeral.
Life Cover is an easy and cost-effective way to provide for your family. Once it’s in place you can rest assured that you have done the right thing for your family, and you only
need to revisit it if your circumstances change.

How does it work?
With OnePath there are options – because we want you to have peace of mind knowing that your family’s financial future is secure.

Lump Sum
Use a lump sum to pay off the mortgage and any other debt that you may have. Provide your dependants with enough money to give them a head start in life when your income is no longer part
of the equation.