NobleOak Celebrates 10 Years of Canstar Outstanding Value Income Protection

NobleOak is proud to announce that we have won the Canstar Outstanding Value Income Protection Award for the 10th year in a row! This milestone achievement highlights our commitment to providing Australians with high-quality, competitively priced income protection over the past 10 years. Canstar, Australia’s biggest financial comparison site, independently assesses policies based on a 40% weighting for product features and 60% for price, ensuring customers know who to turn to for outstanding value. NobleOak is the only life insurer to have achieved this recognition for an entire decade.

“Achieving Canstar’s Outstanding Value Income Protection Award for 10 consecutive years is an impressive achievement that reflects NobleOak’s commitment to balancing quality cover with competitive pricing. Our methodology assesses both price and product features, providing Australians with valuable insights to help them make more informed financial decisions. NobleOak has once again demonstrated its ability to deliver outstanding value to consumers looking for income protection insurance” said Josh Sale, Canstar’s Group Manager of Research,

Income protection can be a crucial tool to safeguard individuals against the financial implications of unforeseen events such as illness or injury. Winning this award 10 years in a row is a significant achievement in the life insurance industry, demonstrating our consistency, reliability, and dedication to customer value. With so many choices available, Australians need confidence that their insurer is offering both quality protection and affordability.

Our Income Protection product has also evolved to offer greater flexibility and adaptability for different life stages. Benefit periods are the amount of time a customer will receive regular payments while on claim. We have introduced a new 10-year benefit period, a unique feature in the Australian market, providing a cost-effective middle ground between the 5-year and to-age-65 benefit period options. Additionally, a 1-year benefit period is now available for those seeking shorter-term coverage. Another key change, to help make our product more accessible, is we have raised the elidgible entry age to 60, with options for those aged 55-60 to select from 1- or 2-year benefit periods.

“Our goal is to ensure Australians have access to a product that meets their needs at a competitive price. Whether applying online or over the phone, we make the process simple and straightforward, helping ensure our customers have peace of mind knowing they are protected should the worst happen. We are extremely pleased to know our cover has been consistently offering outstanding value for 10 years running.” said Anthony Brown, NobleOak’s CEO.

This decade-long recognition from Canstar affirms that NobleOak continues to meet and exceed expectations, ensuring that our customers receive outstanding cover at a competitive price, year after year. We look forward to another decade of evolving and enhancing our products, to meet the changing needs of our customers.

To find out more about our award-winning life insurance visit www.nobleoak.com.au/life-insurance/

Disclaimer: Any financial product advice is general in nature only and does not take into account your individual circumstances, objectives, financial situation, or needs. Before acting on it, please consider the appropriateness of the information, having regard to those factors. Any third party websites or tools referred to are subject to their own terms and conditions and NobleOak Life Limited makes no representation or warranty as to any information on those websites. Persons deciding whether to acquire or continue to hold life insurance issued by NobleOak Life Limited should consider the relevant Product Disclosure Statement and Target Market Determination for the product. NobleOak Life Limited ABN 85 087 648 708 AFSL 247302.