Trauma Insurance
Protecting Australians when their lives are impacted by traumatic events and critical illness.
Some key features of our Trauma Insurance
Receive a lump sum payment with your recovery if you are diagnosed with one of 37 serious medical conditions listed within our PDS.
Up to $2 million cover, paid as a lump sum
This cover pays a lump sum benefit on the
diagnosis of one of the 37 listed medical
conditions under NobleOak's Trauma Cover.
Cover for commonly claimed critical illnesses, plus more
Cover for Cancer, Heart Attack, Stroke and Coronary By-pass Surgery, as well as 33 additional conditions.
Dedicated claims support
A dedicated claims consultant that will support you throughout the process.
Protecting Australians for over 140 years
One of Australia's longest life insurers with a heritage dating back over 140 years.
How much cover can I apply for?
Australian Residents between the ages of 18 and 59 can apply for up to $2,000,000 in cover.
Maximum Cover Level
$2,000,000
Maximum Entry Age
59 years old
Guaranteed Renewable Age
70 years old
Financial Advice Benefit
$2,000
What does our Trauma Insurance provide?
If you first suffer one of the Trauma Events listed and defined within the relevant PDS, while covered for Trauma Insurance, NobleOak will pay you the cover amount as a lump sum. NobleOak will require an unequivocal diagnosis by a Medical Practitioner before payment can be made.
When Trauma Insurance is taken with Life Insurance, you can apply for any level of cover up to your Life Insurance cover amount, to a maximum of $2 million. When applying for stand-alone Trauma Insurance, you can apply for any level of cover up to $2 million.
We understand that you may need some professional advice to ensure that the proceeds of a Trauma claim payment are managed appropriately. That is why we will reimburse the cost of engaging a qualified financial adviser, up to $2,000, to prepare a financial plan if we pay a Trauma benefit in excess of $200,000.
You can fix the cost of your cover at any time by writing to us with a request to freeze the premium amount. This means that:
- Your future premiums will be fixed at the amount you were paying on the date of notification; and
- Each year your cover amount will be adjusted to the amount of cover that can be purchased for the frozen premium.
You can write to us at any time to end the Premium Freeze Benefit and the premium freeze will end on the next anniversary of your cover.
To help protect you against inflation, your cover amount will automatically be increased at each policy anniversary using the Consumer Price Index. Your premium will be adjusted accordingly.
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.
4 Reasons to choose NobleOak
Low insurance premiums
Fully underwritten insurance
Simple & straightforward policies
Award winning life cover
Other NobleOak products to consider
Tools and guides
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