Business Expenses Insurance

Discover a smart way to protect your business from unforeseen risks with our Business Expenses Cover.

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Key features

  • Fully underwritten cover means ‘no surprises’ at claim time

  • Cover to keep your business operating

  • Premiums are usually tax deductible

  • Partial disablement benefit

  • Personal claims support

  • Benefit period of 12 months

How much cover
do I need?

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Business Expenses Insurance pays a monthly benefit of up to $25,000 to cover your regular business expenses if you can’t work due to a serious illness or injury.

It’s a smart way to keep your doors open and your employees paid until you can return to work. And it’s even smarter when you buy directly from NobleOak, with high cover levels, fully underwritten cover and no upfront commissions to financial advisers.

Business Expenses Insurance features

We’ve designed our Business Expenses Insurance features to provide you with cover that’s tailored to your needs.

High cover levels

You can apply for up to $25,000 per month cover, without having to go through a financial adviser.

Low premiums

We don’t pay fees or upfront commissions to advisers which means lower premiums for you.

Fully underwritten ‘no surprises’ cover

We take the time to get to know you upfront, so we can tailor your cover and premium. Giving you more certainty at claim time.

Partial disablement benefit

A reduced monthly benefit is available if you return to work in a partial capacity.

Apply over the phone

No one likes filling in long forms. That’s why we provide an easy application process over the phone, taking on average 20 mins.

Dedicated claims support

If you or your family make a claim with NobleOak, you’ll be dealing with a friendly, Australia-based claims consultant from start to finish. We’re here to make the process easy for you.

Backed by a global reinsurer

Our Life Insurance products are backed by a leading global re-insurer, Hannover Life Re. In 2016, Hannover Life Re paid out globally over $7.7 billion^ for Life and Health Insurance claims (and related expenses).

ASIC & APRA regulated cover

As a friendly society, NobleOak’s Business Expenses Insurance offering is regulated by ASIC and APRA in accordance with section 16C of the Life Insurance Act.


Who can apply

Australian residents between the ages of 21 and 59 can apply for NobleOak Business Expenses Insurance.


Get covered in 3 simple steps

Step 1. Get a quote

One of NobleOak’s friendly insurance specialists will give you an obligation free Life Insurance quote over the phone.

Step 2. Apply

If you’re happy with the quote, you can apply immediately either over the phone or book a time for a call back.

Step 3. Get covered

We’ll assess your application. If you need medical tests we’ll pay for them and update you during the process.


Frequently Asked Questions

Find out more about our Business Expenses Insurance, from initial quote through to claims.


What is Business Expenses Insurance?

Business Expenses Insurance pays a monthly amount if the insured person becomes unable to work due to a serious illness or injury. That money is typically used to pay for the fixed costs associated with running a business, including utilities and non-income producing staff wages and superannuation.

How does Business Expenses Insurance work?

You can apply for Business Expenses Insurance as stand-alone cover, or bundle it up with other cover types – including Life Cover, Total and Permanent Disability (TPD) Insurance and Trauma Insurance. Once you’re accepted for Business Expenses Insurance, we guarantee to renew your cover up to age 65, as long as your premiums are paid.

How is my premium calculated?

Your premium is calculated based on your age and gender, level of cover, occupation, and your answers to the health and lifestyle questions we ask when you apply. It’s tailored to you, so you don’t have to worry about paying more to compensate for other people’s risks.

What details do I need to provide to assist with the application process?

If you have copies of any of your recent medical records, or blood test results and details of any prescription medicines you are taking, this will speed up the application and assessment process. We will also need to know details of your fixed business expenses. Many clients are able to answer all of the questions in our application without additional requirements.

Are there pre-existing condition exclusions in my cover that could come out at claim time?

No, all NobleOak applications are fully underwritten at the time you take the cover out.

As long as you fully and correctly disclose your medical history and other details in the application, your claim will be assessed based on this information and processed efficiently. Apart from the industry standard 13 month intentional self injury or attempted suicide exclusion, there are no other pre-built in exclusions in NobleOak Business Expenses Insurance.

If any Special Acceptance Terms are imposed on your cover, we tell you about these at the time of your initial assessment (underwriting stage) and formally agree these with you prior to issuing your cover.

We firmly believe this is the best way to provide Business Expenses Insurance as it provides more certainty and clarity for you and your family.



Let’s get started

Request a quote or book a time to speak with one of our friendly insurance specialists and start saving with NobleOak today.

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