We all remember scandals in the media surrounding Life Insurance and insurers not paying claims. It was one of the reasons financial services was included in this year’s Royal Commission. This press continues today. This is in relation to an ASIC enquiry into the Direct Life Insurance industry and recent significant regulatory reforms that have … Continued
Why, in the middle of one of the largest financial services shake-ups in Australia’s history are we writing about Oak trees and acorns? You’ll have to read on to find out. Oaks and Acorns The Oak tree is often referred to as the “king of trees,” and a symbol of strength, endurance and knowledge. The … Continued
It’s Father’s Day on Sunday 2 September and a day of celebration for dads and families around Australia. The role of a father is wide and varied and many aspects have changed significantly over the past generations. Consider the role of a father in the 19th and first half of the 20th Century. They were … Continued
ASIC recently published two reports focusing on Direct Life Insurance. One of these outlined findings from their own review of direct insurance, and the other covered consumer research findings into Direct Life Insurance. These ASIC reports are very critical of the Direct Life industry and some of the key findings were as follows: Pressure selling … Continued
Every day consumers are presented with advertising and promotional materials from life insurers that portray happy families benefiting from the peace of mind that comes with having Life Insurance. But is this really an illusion? For the majority of people with Life insurance, their cover fits their circumstances and if they need to make a … Continued
It’s tough enough to land a solid job that pays well and provides you some fulfillment. And then if you do get that job, trying to manage it with everything else in your life can become quite a little task. Eight-hour days turn into consecutive late nights in the office, and instead of working to … Continued
We all know that paying claims is what Life Insurance companies are all about. But does it make a difference if you buy direct or through a financial adviser? According to a recent report from the Australian Prudential Regulation Authority (APRA) and Australian Securities and Investments Commission (ASIC) it definitely does. The report, published in … Continued
Most people probably know very little about the ancient Druids. They would also not know what the Druids have in common with life insurance which surprisingly is quite a lot. With the recent Royal Commission findings exposing some examples of very poor corporate culture, it’s timely for us to re-visit the fundamental foundations of NobleOak, … Continued
June 21 is the Winter Solstice in the Southern Hemisphere. For some people, it’s the observation of a naturally occurring astronomical event. For others, it’s just another day, whilst for some it’s a time of magic and mystery. What is the Winter Solstice? Put simply, the Winter Solstice marks the shortest day in the year. … Continued
We’re excited to announce that we have won the prestigious Canstar Outstanding Value Award for our Premium Life Direct – Life Insurance cover for the third consecutive year. NobleOak is the only life insurer to win three awards for outstanding value three years in a row for Direct Life Insurance – 2016, 2017 and now … Continued
