NobleOak remain committed to our clients during this uncertain time and we’re proud take part in the FSC COVID-19 initiative to support frontline healthcare workers

NobleOak remain committed to our clients during this uncertain time and we’re proud take part in the FSC COVID-19 initiative to support frontline healthcare workers

Life Insurance

1 in 3 Consumers Likely to Shop Around After the Royal Commission

Life Insurance by Life Stage

The choices you make today can impact your long-term health, wealth and happiness. Understand the important role Life Insurance can play in key life events.

Media Release: Thursday, 26 February 2020

The latest findings from NobleOak’s annual Life Insurance industry survey say one third of respondents (34%) would either explore new Life Insurance (26%), switch from their current provider (3%) or not renew their life insurance (6%) in the wake of the Royal Commission.

42% said they did not feel impacted by the Royal Commission in relation to their Life Insurance products and positively confidence remained high in the industry paying on claims, with only 12% having doubts their life insurer would pay out if needed. However, only 9% of respondents were “very confident” suggesting claims payouts are not taken for granted.

How will the findings of the Royal Commission impact your actions regarding life insurance?

 

How confident are you that your Life Insurer would pay your Life Insurance or Income Protection claim should it be required?

 

“The Royal Commission has clearly stimulated consumers to think more about their life insurance and reconsider their providers,” said NobleOak’s CEO, Anthony R Brown.

“It is important that Australians are proactively managing their insurance cover and as a brand that is striving to drive accessible, affordable, high-quality cover, this is something we are clearly pleased to see.”

Help protect your family with
NobleOak, Australia's most awarded
Direct Life Insurer 2020

White collar father sits and helps his son complete homework on the tablet White collar father sits and helps his son complete homework on the tablet
New Customer Enquiry Form
Existing Client Enquiry Form
Claims Support Form
Request a callback