Although we all hope to live long and healthy lives, life can be very unpredictable and the unexpected things that can occur in our lives can have a deep seated impact not just on us but on our loved ones as well. Sadly, many people each year are diagnosed with terminal illness and this is something that can turn their lives and those of their loved ones upside down. Your death is, of course, something else that can change the lives of your family forever and aside from anything else can have a deep seated impact on their future.

Unfortunately, it is not just emotional and physical effect that can stem from being diagnosed with a terminal illness and it is not just emotional distress and grief that will affect your family in the event of your death. In both cases, the financial implications can be huge and this is why it is important to take steps to try and minimise the financial impact of these situations. This is something that you can do by taking out the appropriate insurance cover, which can offer financial protection for the future as well as offering peace of mind for you and your family.

The features of the OnePath OneCare Life Cover plan

There are many excellent features and benefits that make up the OnePath OneCare Life Cover plan, which is why this is the ideal protective option for many people who want to ensure the financial security of their loved ones for the future. It is important that you check the benefits, features and exclusions of the plan before you make any decision, because you need to ensure that the plan is the right one for you and your needs. Some of the main features that you will get with the OnePath OneCare Life Cover include:

• Choice of payment format: You can decide whether you want any benefit that is paid out under this cover to be paid in the form of a lump sum payment or in instalments
• Option to include Child Cover: You can also extend your cover to provide greater protection by adding Child Cover if you wish to do so. This pays a lump sum in the event that your child suffers one of a specified range of traumas or in the sad event that your child dies
• Extra care cover options: As part of the plan you can add up to three extra benefits to your cover such as terminal illness cover and accidental death cover
• Increasing cover: This means that as changes take place in your life you can increase your cover accordingly, but you will not need to undergo further medical tests
• A reduction in premiums: You can enjoy premiums discounts on your cover when you combine it with other forms of OneCare cover and take out the protection with family or business partners
• Travel perks: If you are a regular air traveller you will find the added perk of being able to earn Qantas frequent flyer points a bonus. You can earn one point for each $1 spent on premiums, which can quickly add up

As the features show, this is a plan that is not only pretty comprehensive in terms of the level of cover that it provides but is also flexible and enables you to tailor it so it suits your needs and is able to fit in with your budget. Having this plan in place will help to ensure that in the event of terminal illness or death your financial obligations can still be met and your dependants will be looked after financially.

Who will benefit from the OneCare plan?

There are many people that will be able to benefit from the many features of the OnePath OneCare Life Cover plan, as it is designed to cater for a range of different needs as well as a variety of different budgets. This plan will suit people with a wide range of needs and in a variety of circumstances but those who should seriously consider getting this sort of cover in place include:

• People who have dependants who rely on their financial support and income, such as kids and a partner. This cover will ensure that if you are unable to work through a terminal illness or if you die, your family will not be left to struggle financially
• Those with debts and regular financial obligations. If you are diagnosed with a terminal illness the last thing you need is the added worry of how to meet your financial obligations and pay debts. Likewise, this is not something that you want your family left to cope with if you should die
• Those who own or part own a business and who want to secure the future of their business