Life Insurance within SMSF

Life Insurance within SMSF

With NobleOak, you can apply for comprehensive Life Insurance Cover within your SMSF. We also offer optional TPD Insurance cover.
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Customers rate us 4.7
Based on 433 Service Ratings over the past year
Customers rate us 4.7

Some key features of our SMSF Life Insurance

Up to $15 million cover, paid as a lump sum

NobleOak will pay the agreed cover amount
as a lump sum to your nominated beneficiaries or estate.

Pay your premiums with your super contributions

You pay your insurance using tax-deductible superannuation contributions.

Personal claims support

We give you a dedicated claims consultant to help you through every stage of a claim.

SIS compliant

Premium Life Direct Insurance meets the Superannuation Industry Supervision Act 1993 (SIS) requirements for SMSFs.

How much cover can I apply for?

Australian Residents between the ages of 16 and 69 can apply for up to $15,000,000 in cover.

Maximum Cover Level

$15,000,000

Maximum Entry Age

69 years old

Guaranteed Renewable Age

99 years old

Terminal Illness Benefit

Yes

What does our SMSF Life Insurance cover provide?

Cover Types

NobleOak offers Life Cover and TPD (any occupation) insurance only.

Premiums

You pay your insurance premiums using tax-deductible superannuation contributions.

Tax on benefits

Benefits paid to your spouse or dependents are generally tax-free. Benefits paid to other beneficiaries may be taxed up to 31.5%.

Retirement savings

Insurance premiums paid reduce your retirement savings, so you may want to make additional super contributions.

Cover Types

NobleOak offers a full range of covers, including Life Cover, TPD, Trauma Insurance and Income Protection Insurance.

Premiums

You pay your insurance premiums from your after-tax income.

Tax on benefits

Benefits paid are generally tax-free, regardless of who they’re paid to.

Retirement savings

Your retirement savings are not effected by your insurance premiums.

Policies, terms and conditions vary between Insurance Providers, so it’s always advised to read the Product Disclosure Statement (PDS) and compare covers before you apply for Life Insurance.

Download the Product Disclosure Statement (PDS)

Why choose NobleOak Life Insurance?

While we are very proud of the cover we provide, a simple belief in 'doing the right thing' sets us apart.

Low premiums

At NobleOak, you buy directly from us,
so you don't pay for the cost of advice
or for unnecessary overheads.

Fully underwritten insurance

We only offer fully underwritten Life
Insurance, tailored by you. This minimises
the risk of unforeseen delays or surprises
in the event of a claim.

Simple & straightforward

We aim to avoid overly complex terms.
We simply provide great value,
comprehensive Life Insurance.

Award winning

We are the only Life Insurer to win the Canstar Outstanding Value Award for Direct Life Insurance in five consecutive years from 2016 to 2020.

Australia's most awarded Direct Life Insurer 2020

Our outstanding value products and personal service has resulted in us being the most awarded Direct Life Insurer in 2020.
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Tools and guides

Find out how much Life Insurance and Income Protection cover you may need.

Life Insurance Calculator

Calculate how much cover you may need to protect you and your family.

Life Insurance Guides

Explore information about the value of Life Insurance for key life stages from starting out as a young adult, to downsizing and retiring.

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

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