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Life Insurance

Unprecedented Sixth Consecutive Canstar Win for NobleOak Direct Income Protection

19 Apr 2021

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.

NobleOak’s Canstar Winning Streak Continues Unabated

NobleOak Life Limited (NobleOak) has continued its winning streak by being awarded Canstar’s Direct Income Protection Award for Outstanding Value for the sixth year in a row – an achievement unrivalled by any other direct Life Insurance provider.

Anthony Brown, CEO of NobleOak said, “In spite of a very tough 12 months, we are thrilled to be awarded this much coveted award from Canstar for the sixth consecutive year.”

“Not only is it a testament to the quality of the NobleOak product compared to others, but also to the exceptional value it offers our customers.”

NobleOak has now won this prestigious award six years in a row – 2016, 2017, 2018, 2019, 2020 and 2021 – an unparalleled achievement in the life insurance market in Australia.

This unprecedented win follows closely similar awards received by NobleOak including Feefo Platinum Trusted Service Award and the Plan for Life Direct Life Insurance Excellence Awards.

Canstar, an expert financial services product rating agency, used its proprietary methodology to compare NobleOak’s product price and features against 80 different profiles. This year 11 products from 11 providers were evaluated under the methodology.

Canstar’s Group Manager, Research and Ratings, Mitch Watson said, “We congratulate NobleOak for consistently offering outstanding value to its customers and proving itself to be the leading direct income protection insurance provider in Australia.”

“NobleOak is the only direct life insurer to win six consecutive Canstar Outstanding Value Awards for its Income Protection product. The key driver of the consistently strong performance is its low premiums and the range of features on offer to its customers.”

Being awarded a sixth Canstar award provides assurances to customers of the quality and value of NobleOak’s Premium Life Direct Income Protection product.

About NobleOak Life Limited

NobleOak Life Limited (NobleOak), is one of Australia’s most established life insurers, and has for a history of over 140 years.  NobleOak provides Life, TPD, Trauma, Income Protection and Business Expenses insurance.

NobleOak keeps costs low by providing fully underwritten cover, passing any savings back to their clients through reduced premiums, supported by outstanding personal service.

NobleOak is an Australian public unlisted company regulated by APRA, with products backed by a leading global reinsurer, Hannover Life Re.

NobleOak has a client satisfaction rating of 95% (2020 client survey) and is the winner of the 2016, 2017,2018, 2019 and 2020 Canstar Outstanding Value Award for Premium Life Direct cover and the 2016, 2017, 2018,2019, 2020 and 2021 Canstar Outstanding Value Award for Direct Income Protection cover.

In addition, NobleOak received the Plan for Life Overall Direct Life Insurance Excellence Award in 2020 and the Platinum Trusted Service Award from Feefo in 2021.

 

 

Media Enquiries

For further information or to arrange an interview with NobleOak CEO Anthony Brown please contact:

Rick Rupping

Chief Marketing Officer

NobleOak Life Limited

E: [email protected]

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