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Get more value for your clients with OnePath's OneCare and OneCare Super new business discounts.

To make quality, personalised insurance more accessible to more Australians, OnePath have made some changes to their OneCare and OneCare Super new business discounts.
 
KickStart discount1

The OneCare KickStart discount is available for new, Life and linked TPD and/or Trauma covers with Stepped premium. The offer starts with a 17.5% discount for year one. To find a full list of discounts available, click here.
 
Combine the KickStart discount with their lifetime premium discounts and save your client more.
+ Multi-cover discount2 – When Income Secure Cover is taken with any Life, TPD, Trauma and/or Business Expenses policy the life insured will receive a 5% multi cover discount on the lump sum covers for the life of the policy.

+ Multi-lives discount - Depending on how many lives are insured within a family and/or business group, a discount of up to 10% could be applied across all policies.

+ Platform discount3 – A 10% platform discount will apply to new policies held through HUB24, Grow Wrap, Oasis and OneAnswer Super. A 5% platform discount will apply to new policies held through Macquarie.

In addition to the above, OnePath also provides a
two-year rate lock guarantee.4

When combined, these offers are designed to support new policy holders through key milestones of their insurance journey.
Take a look at OnePath's dedicated website to see how you can bundle and save for your clients.
Important information
1. KickStart discount does not apply to Level premium type, or any existing policies (including a cancel and replacement), policy fee, and any Government imposed charges, such as stamp duty. Commission payable is based on the premium after the 17.5% premium discount has been applied. We do not guarantee any premium discounts and may remove or vary the current discounts at any time.
2. Multi-cover discount; Life, TPD, Trauma and/or Business Expense covers will receive a multi-cover discount of 5% of the base rate across all OneCare policies when Income Secure Cover is taken for the same life insured. We do not guarantee any premium discounts and may remove or vary the current discounts at any time.
3. A 10% platform discount will apply only to new OneCare policies held through accounts in Grow Wrap Super and Pension Service, Oasis Superannuation Master Trust (Mentor/Voyage/Wealthtrac) and approved HUB24 issued superannuation products. A 10% platform discount will only apply to new OneCare Super policies funded via internal rollover from OneAnswer Super and OptiMix Super accounts. A 5% platform discount will only apply to new OneCare policies held through approved Macquarie issued superannuation products. We do not guarantee any premium discounts and may remove or vary the current discounts at any time.
4. Two-year premium rate lock will not apply to increases to original cover amount within the first two years of the policy, policy fee increases, and any Government imposed charges, such as stamp duty. On first policy anniversary, premium increases due to indexation of the sum insured amount or age-based loadings for Stepped premiums will be based on the rate-locked premium.
 
This information has been prepared by OnePath Life Limited (OnePath Life) ABN 33 009 657 176 AFSL 238341 and is current as at July 2021 but may be subject to change. It is for the use of advisers only and may not be reproduced without the prior written permission of OnePath Life.
OneCare is issued by OnePath Life. This includes OneCare External Master Trust and OneCare SMSF. OneCare Super is issued by OnePath Custodians Pty Limited (OnePath Custodians) ABN 12 008 508 496 AFSL 238346. OnePath Life is not a related body corporate of OnePath Custodians.
This information is of a general nature and has been prepared without taking account of your client’s objectives, financial situation or needs. Before acting on the information, your client should consider whether the information is appropriate, having regard to their objectives, financial situation and needs, and consider the OneCare Product Disclosure Statement and Policy Terms (PDS) before deciding whether to acquire, or to continue to hold, the product. Contact your Business Development Manager to obtain a copy of the PDS, or visit onepathinsurance.com.au
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