RAC WA and NobleOak Launch Life Insurance Product

NobleOak Life Limited (NobleOak) and The Royal Automobile Club of Western Australia (RAC) are pleased to announce the launch of new RAC WA Life Insurance products. This range of products will provide fully underwritten Life Insurance cover to both existing and new RAC members, providing them with genuine value, award-winning service, and peace of mind.

NobleOak’s Chief Executive Officer, Anthony Brown, said the range of products marked the commencement of an important partnership between NobleOak and RAC.

“Like RAC, NobleOak puts the customer at the heart of everything we do and we are very pleased to be partnering with RAC, who share the same values and genuine desire to protect members and customers,” Mr Brown said.

“RAC members now have access to a range of high-quality life insurance solutions that provide financial security for their families.

“RAC is such a respected and trusted brand in WA with a long history and reputation for doing the right thing, and we are excited to be working with them.”

RAC General Manager, Product and Sales, Damien Van Pelt said RAC is also excited to partner with NobleOak and launch the new range of products.

“As a purpose-led organisation representing 1.2 million members, RAC strives to deliver great services and experiences, while inspiring positive community change that makes life better in WA”.

“We’re very pleased to launch quality life insurance solutions to our members that provide great cover, great value and great service.”

The new suite of products include life, trauma, income protection and TPD insurance and RAC members can get a quote through the RAC website.

About NobleOak (ASX: NOL)

NobleOak is an independent, multi award-winning specialist Australian life insurer which has a 144-year history, dating back to one of the first benevolent societies in Australia, the United Ancient Order of Druids Friendly Society of NSW. NobleOak’s core values: nobility, simplicity, adaptability and delivery, are grounded in the values of the Druids and are embedded deeply in its culture. Following its demutualisation in 2011, NobleOak repositioned its business model, launching direct-to-consumer life insurance products through its modern and intuitive digital platform. Since then, NobleOak has diversified its business by manufacturing white labelled tailored products for strategic partners which are mostly distributed to customers through advisers. NobleOak’s strategy is underpinned by a commitment to offer customers high value, easy to understand and competitive life risk insurance products. NobleOak has achieved success by participating across the life insurance value chain, by manufacturing, underwriting and distributing its own life insurance products.