Who can apply
Australian residents between the ages of 18 and 59 can apply for NobleOak Income Protection Insurance.
Discover a smarter way to insure your income with our multi-award winning cover.
Fully underwritten cover means ‘no surprises’ at claim time
Winner 2018, 2017, 2016 Canstar Direct Income Protection Outstanding Value Awards
Specific sicknesses and injuries benefit
Spouse benefit included
Rehabilitation benefit for up to 12 months
Partial disablement benefit
It’s a smart way to keep your mortgage, rent and other expenses paid until you can return to work. It’s even smarter when you buy directly from NobleOak – with high cover levels, fully underwritten cover and no upfront commissions.
NobleOak has won Canstar’s Direct Income Protection Award in 2018, 2017, and 2016.
You can apply for up to 75% of your before-tax income up to a maximum of $25,000 per month, without having to go through a financial adviser. That’s much higher than most direct insurers.
We don’t pay fees or upfront commissions to advisers. That means lower premiums for you.
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.
We pay an additional monthly benefit if your spouse is required to stop work as a result of your total disablement.
We may pay for, or reimburse you for, some of the costs associated with rehabilitation, special equipment or workplace modification to help you return to work.
We can pay you a reduced benefit if you return to work in a partial capacity following a period of disablement.
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.
No one likes filling in long forms. That’s why we offer an easy application process over the phone, taking on average 20 mins.
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).
One of our friendly insurance specialists will give you an Income Protection Insurance quote over the phone.
If you’re happy with the quote, you can apply immediately either over the phone or book a time for a call back.
We’ll assess your application. If you need medical tests we’ll pay for them and update you during the process.
Income Protection Insurance pays a monthly benefit if the insured person becomes unable to work due to a serious illness or injury. That money can be used to pay for general costs of living, including mortgage or rent expenses, groceries and childcare or school fees.
You can apply for Income Protection Insurance as stand-alone cover, or bundle it with other cover types – including Life Cover, Total and Permanent Disability (TPD) Insurance and Trauma Insurance. Once you are accepted for Income Protection Insurance, we guarantee to renew your cover every year to age 65, as long as your premiums are paid.
Your premium is calculated based on your age and gender, occupation, level of cover, 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.
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. Many clients are able to answer all of the questions in our application without additional requirements.
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 self harm / attempted suicide exclusion, there are no other pre-built in exclusions in a NobleOak Life Insurance cover.
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 Income Protection Insurance, as it provides more certainty and clarity for you and your family.