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NobleOak’s Premium Life Direct products include comprehensive Trauma Insurance cover of up to $2,000,000. This cover pays a lump sum benefit on the diagnosis of one of the 38 listed medical conditions under NobleOak Trauma cover. Trauma Insurance is available as an optional extra with Life Insurance or stand-alone cover.
Where Trauma Insurance is taken with Life Insurance, any claim paid will reduce the remaining Life Insurance cover amount by the amount of the Trauma Benefit paid. For stand-alone Trauma Insurance, any claim paid will have no impact on any other insurance cover you hold with NobleOak.
Award-Winning Trauma Insurance
We are proud of being able to protect Australian’s with outstanding value cover backed by a global reinsurer. It’s one reason why we have won the Strategic Insights Direct Life Insurance Excellence Awards for our Standalone Trauma cover in 2016 and 2017.
No Surprises Cover
We offer fully underwritten Trauma Insurance cover. This means we take time to get to know you upfront by asking health and lifestyles questions. This results in cover that is tailored to you, providing you and your loved ones with greater certainty in the event of a claim.
Trauma Insurance Features
To help protect you against inflation, your Trauma cover sum insured will increase each year using the Consumer Price Index. Your premiums will be adjusted accordingly with these increases.
Dedicated Claims Support
If you or your family need to make a claim you’ll be assigned a dedicated claims consultant based here in Australia. This consultant will support you throughout the claim process.
Cover with Global Backing
NobleOak’s products are backed by Hannover Life Re who is a leading global reinsurer. We are also an APRA regulated Life Insurer with a history dating back over 140 years.
Trauma Events Covered
Main Trauma Events
- Coronary Artery Angioplasty
- Coronary Artery By-pass Surgery
- Heart Attack
- Other Serious Coronary Artery Disease
Other Trauma Events
- Accidental HIV Infection
- Alzheimer’s Disease/Irreversible Organic Disorder
- Aplastic Anaemia
- Bacterial Meningitis
- Chronic Liver Disease
- Chronic Lung Disease
- Heart Valve Replacement
- Kidney Failure
- Loss of Hearing
- Loss of Independence
- Loss of Limbs and/or Sight
- Loss of Speech
- Major Brain Injury
- Major Burns
- Major Organ Transplant
- Motor Neurone Disease
- Multiple Sclerosis
- Muscular Dystrophy
- Parkinson’s Disease
- Pulmonary Arterial Hypertension (Primary)
- Surgery to Aorta
- Terminal Illness
- Viral Encephalitis
See our PDS for full definitions, conditions, waiting periods and any exclusions applicable for each Trauma Event.
Premium Freeze Benefit
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.
- Each year your Trauma cover sum insured will be reduced to the amount of cover that could be purchased with the frozen premium.
You can write to us at any time to end the Premium Freeze Benefit and the premium freeze will be removed on the next anniversary of your cover. Your cover will then revert to the normal premium and cover increases each year thereafter.
Here's What Our Clients Have To Say
How to Apply
Get a Quote
One of our friendly insurance specialists will help you complete your Trauma Insurance quote over the phone or online.
If you’re happy with the quote, you can apply immediately for Trauma cover either over the phone or book a time for a call back.
We”ll assess your application. If you require medical tests we’ll pay for them and keep you updated on your progress.
Trauma Insurance Simplified
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What is the difference between Trauma Insurance and Health Insurance?
View the second episode of our new video series that explains the difference between Trauma Insurance and Health Insurance. For more information, you can access our blog.
Frequently Asked Questions
What is Trauma Insurance?
Trauma Insurance, also referred to as Critical Illness Cover, is one of several Life Insurance products available at NobleOak. It provides a one-off payment if you are diagnosed with one of the 38 serious medical conditions listed under NobleOak’s Trauma Cover (the listed medical conditions and their definitions are contained in the Product Disclosure Statement (PDS)). This payment can help to ease financial pressures and allow you to take time away from work and focus on your recovery.
What conditions does Trauma Insurance cover?
Four of the main listed conditions accounting for up to 90% of Trauma claims are Cancer, Heart Attack, Coronary Artery Bypass Surgery and Stroke. NobleOak Trauma Insurance also provides cover for another 34 medical conditions such as Major Brain Injury, Multiple Sclerosis, Parkinson’s Disease, Blindness, Paraplegia and Dementia.
Our PDS contains details of the listed medical conditions (known as Trauma Events) and their definitions. A medical condition suffered must meet the medical definition in the relevant PDS for cover to be provided. Our PDS also contains policy conditions, waiting periods and applicable exclusions.
Is Trauma Insurance tax deductable?
Trauma Insurance payments are not considered to be income replacement and the premiums payable are generally not tax-deductible according to the Australian Taxation Office (ATO). However, payments received through your policy will generally be tax-free. Trauma Benefit payments are also generally exempt from capital gains tax if paid to the policy holder or a specified relative.
Am I eligible to receive Trauma Insurance in Australia?
At NobleOak you can apply for cover providing you are an Australian resident and aged between 18 and 59. Our cover is priced using stepped premiums which means your premiums will increase annually in accordance with your age. Eligibility for cover is also subject to an underwriting process.
Can I apply for Life and Trauma Insurance together?
NobleOak’s comprehensive cover gives you the option to add Trauma to an existing Life Insurance policy. In doing so, any approved claim for Trauma will lower the Life Insurance cover by the sum of the Trauma payment. If you apply for and obtain stand-alone Trauma Insurance, any claim paid will not affect the sum insured under your Life Insurance policy.
Visit our FAQ page to find out more information on NobleOak’s Trauma Insurance product. The insurance is subject to the terms and conditions in the PDS which contains the relevant information including any exclusions.