NobleOak Life Insurance Wins Fourth Consecutive Canstar Direct Income Protection Award
NobleOak has now won this prestigious award for four years in a row – 2016, 2017, 2018 and again in 2019.
We’re excited to announce that in an unprecedented win, NobleOak has been awarded Canstar’s Direct Income Protection Award for Outstanding Value for its Premium Life Direct Income Protection cover for the fourth year in a row, a feat that has not been achieved by any other direct life insurance provider.
This win follows closely the RFI Group Australian Insurance Awards Life Insurance Company of the Year Award received by NobleOak in 2018 and cements our position as one of the most awarded direct life insurance companies in Australia.
Canstar’s Group Manager, Research and Ratings, Mitch Watson said, “This is a well-deserved win for NobleOak and reflects the consistency and dedication of NobleOak in providing outstanding value to its customers.”
“This occasion marks the first time that an income protection insurance provider has won our Outstanding Value award four consecutive years in a row.”
The NobleOak team is thrilled about the outcome as this latest award validates our focus on always putting our clients first. It’s what sets us apart from other insurers.
How did we do it?
Canstar, an expert financial services product rating agency, used their proprietary methodology to compare NobleOak’s product price and features with 16 Income Protection Insurance products from 14 direct insurers.
We scored the highest 5-Star Rating for our Premium Life Direct Income Protection cover in all 80 consumer profiles rated by Canstar, which spans various age groups, occupations and lifestyle habits for both males and females. This is the second year where only NobleOak has achieved this distinction in all profile categories.
NobleOak’s Premium Life Direct Income Protection cover has been assessed by Canstar to be a market leader for both price and features, deemed to offer outstanding value to customers.
We are also the Award holder for Canstar’s Direct Life Insurance Award for Outstanding Value for the last three consecutive years having received this distinction in 2016, 2017 and 2018.
What does this award mean for customers?
In light of the recent findings from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry it’s important that customers can trust their life insurer to look after their best interests. These Canstar awards are evidence that people can have confidence in the quality and value of NobleOak products due to the unique combination of fully underwritten, competitively priced and quality features.