OneCare Insurance

OneCare Insurance

OneCare - a fully integrated insurance solution

To meet clients’ needs for a comprehensively featured and fully integrated insurance solution, OneCare insurance is available through the Wealthtrac Superannuation Master Trust.

The OneCare insurance offer comprises Life, TPD, Income Secure and Extra Care cover. It is available to members of the Wealthtrac Superannuation Master Trust who are accepted for cover under individual insurance policies owned by the trustee, Oasis Fund Management Limited (OFM). One Care is issued by OnePath Life Limited (OnePath Life).

The OneCare offering includes:

  • Life Cover
  • TPD Cover
  • Income Secure Cover
  • Extra Care Cover.

Key features

  • Comprehensive and award winning cover
  • One trustee to oversee both investment and insurance
  • Upfront, stepped, hybrid and level adviser commission structures
  • Choice of premium payment frequency (monthly, half yearly, or annually)
  • Premium payment directly from superannuation account balances
  • Consolidated reporting via Wealthtrac’s annual statements
  • Tax deductibility of premiums
  • Seamless application process incorporating interim cover benefit
  • Apply for cover in and outside superannuation all on one form

What you need to do to apply for OneCare

To apply for the OneCare offering on the platform, you will need to obtain OneCare insurance cover through a Wealthtrac Superannuation Master Trust - Superannuation Division account.

If your client is not an existing member of the Wealthtrac Superannuation Master Trust - Superannuation Division, you, on behalf of your client, will be required to complete a Superannuation application form and forward it to Wealthtrac .

When your clients are applying for OneCare insurance on the platform, they will be required to provide a Wealthtrac member number to submit their insurance application. Please contact Client Services on 1800 893 091.