20% Savings on Life Cover
The savings quoted on the NobleOak website are the average savings when comparing NobleOak’s premiums for its Term Life Cover under NobleOak’s Premium Life Direct to the average cost of Term Life insurance products offered by other life insurance companies, including products available directly from the insurer and those available for purchase through a financial adviser or broker.
The premiums are based on a non-smoking Australian resident with a Life insurance sum insured of $500,000 at 5 year age bands from age 20 to 65 for advised products and 20 to 55 for direct products. Life insurance rates for insurers, including NobleOak, may change in the future and this could change the outcome. The premium comparison was undertaken in July 2016 based on published premium rates.