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ANZ 50+ Life Cover

Funeral insurance helps you take care of things now, so your loved ones don't have to later.


Quote or apply Call 13 16 14

Funeral insurance with premiums that never go up

With ANZ 50+ Life Cover, if you pass away your loved ones could receive your chosen Life Benefit amount, up to $15,000. Offered as a lump sum, it can help pay for any expenses you leave behind. 

This means that you can help take care of funeral costs, debts and unpaid bills. And with premiums that never rise, your cover is easy to budget for. The application process is easier than you think.

What's covered?

  • A lump sum payment of your chosen Life Benefit up to $15,000, generally paid within two business days of us receiving all completed claim requirementsdisclaimer
  • If you pass away from an accident after the first 12 months, we'll double your chosen amount by also paying you an Accidental Death Benefit equal to your Life Benefitdisclaimer
  • Fixed premiums with the option to cap them at your chosen Life Benefit amount
  • Your policy continues for life, regardless of your health
  • Nominate one person as your beneficiary to help ensure your benefit goes where you want it to
  • Choice of standard or capped premiums

What's not covered?

The information on this page is only a summary of some of our cover and exclusions. For further information view the ANZ 50+Life Cover – Key Facts Sheet (PDF 70kB) which sets out some of the events covered and not covered by this policy and other information you should consider.

For a complete statement of the cover offered, exclusions, conditions and limits that apply under the policy, you should carefully read the ANZ 50+ Life Cover Product Disclosure Statement (PDF 208kB) and all policy documentation.

Eligibility requirements apply to this product including age and residency - see below for details.

  • Death within the first 12 months, where it was not the result of an accident. If you pass away during this period, we’ll refund 100% of any premiums you’ve paid.disclaimer
  • Suicide within the first 12 months of starting your policy.

What do you need to do to apply online?

  • You can get a quote within minutes with a few simple questions. 
  • You are immediately covered once you complete your application. You can download your application summary and you will soon receive a welcome pack.

To apply, please ensure

  • You are aged between 50 to 70 years old inclusive
  • You are an Australian or New Zealand citizen, or Australian permanent resident
  • You are currently residing in Australia.
  • For more detailed information go to Eligibility information

Your choice of beneficiary

Help make sure your money goes where it’s needed most by nominating one beneficiary.

Your beneficiary will receive all benefits payable on the event of your death. You also have the freedom to change your beneficiary at any time, so you can be confident about where your money goes.

Choose which premium option suits you

Pick your preferred premium option to control how much and how long you pay. We’ve made it easy to get a personalised insurance quote online in minutes. Under both options, premiums will never increase.

Choose between these two options:

Capped premiums

  • Pay premiums only up to your chosen Life Benefit amount then cover continues without you needing to pay anything moredisclaimer
  • Be covered for life
  • Premiums that never increase.

Standard premiums

  • Pay premiums until your first policy anniversary after age 90, then your cover continues free without you needing to pay anything more. However, you may pay more in total premiums than your Life Benefit amount.

Monthly premiums for $10,000 of cover* 


Standard premiums

Capped premiums
















*The above premiums are an example only. For a full list of premiums payable see the ANZ 50+ Life Cover Premium Tables (PDF 2.2MB). Your actual premiums may differ  from the examples above and/or the Premium tables depending on the age you are when your policy commences, your premium payment option and the cover amount you select.

Earn Qantas Points with your policy

If you’re a Qantas Frequent Flyer member, you can earn 1 Qantas Point for every $1 of premium paid on your eligible ANZ Life Insurance policy.

If you're not a member of the Qantas Frequent Flyer program yet, you can join for free.


Find out more


Add your insurance details to the ANZ App

Add insurance policies to the ANZ App so that the details are handy when you need them. 

Browse and buy a range of insurance coverage including home, motor, life and income protection.

Unfortunately, this option is not currently available to Android users but we hope to bring it to you soon.

Learn more


Use our easy claims process

Claiming on funeral insurance comes at an extremely stressful time for your loved ones. We try to make the process as simple and straightforward as possible and can generally pay claims quickly, in two working days of us receiving all completed claim requirements.

Make a claim 

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Product Disclosure Statement

You can apply for ANZ 50+ Life Cover if you are:

  • an Australian or New Zealand citizen or permanent resident, living in Australia
  • aged between 50 and 70.

Once it’s established, your cover can continue for life.

Not eligible? ANZ Life Insurance is another way to protect your family, with a lump sum benefit up to $2 million if you pass away and your beneficiaries can receive a fast-tracked advance payment of $15,000 for funeral costs.

How to make a complaint, compliment or provide feedback

We value your feedback regarding our performance and we’re committed to resolving any concerns you may have. 

Talk to us

Our customer service team is your first point of contact for any enquiries, raising concerns or providing feedback. Our contact details are below. We will do our best to resolve your concerns genuinely, promptly, fairly and consistently, and keep you informed of the progress.

If you are not satisfied with the response to your complaint or feedback, your concerns will be escalated to our Complaints Resolution Centre.

Call us:

  • 13 16 14 on weekdays from 8:30am to 6:00pm (AEST)
  • +61 2 9234 8111 for international clients

Online: OnePath feedback, compliment, and complaints form

Email us:

Write to us:

Complaints Resolution Centre
GPO Box 7086


External dispute resolution

If your concerns have not been resolved to your satisfaction, you can lodge a complaint with AFCA who provides fair and independent financial services complaint resolution that is free to consumers. 

Time limits may apply to complain to AFCA and so you should act promptly or otherwise consult the AFCA website to find out if or when the time limit relevant to your circumstances expires.The AFCA contact details are:

Call us:

1800 931 678 on weekdays (except on public holidays) from 9am to 5pm (AEST)

Email your complaint to:

Write to us:

Australian Financial Complaints Authority
GPO Box 3
Melbourne VIC 3001



This information was published on 1 June 2019 and is subject to change.

The above content relates to policies issued from 1 June 2019 under the ANZ 50+ Life Cover Product Disclosure Statement and Policy Document (PDF 208kB), and is current as of today. Previous products (with the same name) may have different features and benefits. If you are an existing customer, please contact us if you have any questions about your cover.

ANZ 50+ Life Cover is issued by OnePath Life Limited (OnePath Life) (ABN 33 009 657 176, AFSL 238 341). We recommend that you read the ANZ Financial Services Guide (PDF 479 kB) and ANZ 50+ Life Cover Product Disclosure Statement and Policy Document (PDF 208kB) (available online or by calling 13 16 14) before deciding whether to acquire, or to continue to hold, this product. This PDS relates to policies issued from 1 June 2019. Previous products (with the same name) may have different features and benefits. If you hold insurance based on an earlier PDS, please contact us if you have any questions or to have a PDS sent to you.

ANZ Car Insurance is issued by QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239 545) (QBE). ANZ recommends that you read the ANZ Financial Services Guide (PDF 479kB) and ANZ Car Insurance Product Disclosure Statement and Policy Document (PDF 1.2MB) (available online or by calling 13 16 14) before deciding whether to acquire, or to continue to hold, this product.

ANZ Home Insurance is issued by QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239 545) (QBE). We recommend that you read the ANZ Financial Services Guide (PDF 479kB), ANZ Home Building Key Facts Sheet (PDF 133kB)ANZ Home Contents Key Facts Sheet (PDF 134kB) and the ANZ Home Insurance Product Disclosure Statement (PDF 1.3MB) (available by calling 13 16 14), before deciding whether to acquire, or to continue to hold, these products.

ANZ Financial Planners are representatives of ANZ, the holder of Australian Financial Services Licence number 234 527.

OnePath Life has adopted the Life Insurance Code of Practice (the Code), which contains minimum standards of service that customers can expect from insurers. The Code can be found at

Australia and New Zealand Banking Group Limited (ANZ) (ABN 11 005 357 522, AFSL 234 527 is an authorised deposit taking institution (Bank) under the Banking Act 1959 (Cth). The issuers of these products are not Banks. Although ANZ distributes these products and except as described in the relevant PDS, ANZ does not stand behind or guarantee the issuers or the products.

This information is of a general nature and has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information, you should consider whether the information is appropriate for you having regard to your objectives, financial situation and needs.

You must be a Qantas Frequent Flyer member and correctly register your Qantas Frequent Flyer membership details with OnePath Life Limited (OnePath Life) (ABN 33 009 657 176, AFSL 238 341) to earn Qantas Points on eligible insurance policies. Eligible insurance policies are the following ‘OnePath’ and ‘ANZ’ branded direct life insurance policies: term life, income protection, trauma, accidental death and total and permanent disability. The following retail policies are also eligible: OneCare, OneCare Super, SmartCare and World of Protection. A joining fee usually applies. However, OnePath Life has arranged for this to be waived for new customers who join at This complimentary join offer may be withdrawn at any time. Membership and points are subject to Qantas Frequent Flyer program terms and conditions. Points are earned in accordance with the 'OnePath and Qantas Frequent Flyer Rewards terms and conditions'. Qantas does not endorse, is not responsible for and does not provide any advice, opinion or recommendation about the insurance product(s) in this communication.

The ANZ App is provided by ANZ.  Super, Shares and Insurance (if available) are not provided by ANZ but entities which are not banks. ANZ does not guarantee them. ANZ recommends that you read the ANZ App Terms and Conditions available at and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.

Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

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The Life Benefit is not payable within the first 12 months of the policy acceptance date, however, we will refund all premiums paid.3

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For more information on the benefits we pay, see “The benefits we pay” section of the PDS.

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If you die from an accident within the first 12 months of the policy acceptance date, you’ll receive the Accidental Death Benefit.

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Your Life Benefit amount is fixed. You cannot increase or decrease your Life Benefit amount after your policy commences.

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