What is Premium Life Direct?

Comprehensive Life Insurance and Income Protection Insurance is normally offered through financial advisers. NobleOak Premium Life Direct offers this comprehensive cover to you – directly. We cut out the middle man and get you the cover you need, at a lower cost. You choose the types and amounts of cover you need, and you only pay for what you are covered for. When you buy your insurance from NobleOak, you are dealing direct with the APRA regulated manufacturer who underwrites your cover.

Australian Prudential Regulation Authority (APRA), is the Australian regulator for the 30 life insurers in Australia.  However, very few of these companies let you deal directly with them. Most expect you to use a financial adviser or one of their branded alliance partners, both of which add commissions to their premiums.

There are other direct Life Insurance products on the market, but NobleOak Premium Life Direct offers high levels of comprehensive cover, with up to $15 million for NobleOak® Life Insurance, up to $25,000/month for NobleOak® Income Protection Insurance, up to $5 million for NobleOak® TPD Insurance and up to $2 million for NobleOak® Trama Insurance.  There is also Business Expenses Insurance available and Trauma Cover which you can add to your plan or hold as stand-alone cover.

Premium Life Direct has won Canstar awards in 2016 and 2017 for both its Life Insurance and Income Protection Insurance.  Our Life Insurance premiums are consistently 20% lower on average than other insurers.  If you know what you need, and don’t need personal advice through a face-to-face adviser, call NobleOak for a quote – we’re confident you won’t be disappointed.