Australia’s best life insurance revealed for 2021

Dad and child
Winners of Life Insurance awards

Like many things in life, you can’t plan for everything and if you’re shopping around for life insurance to protect yourself and your family from the unexpected, then you’ll want to make sure you’ve considered all the factors when choosing the cover that is right for you.

Life insurance is a great way to protect your dependants should you become ill and be unable to work or pass away. So it pays to find a life insurance company that ticks all the boxes, whether that be the array of features offered or a great value package.

This year, the Mozo Experts sifted through 25 different life insurance providers to find the cream of the crop when it came to the top contenders for Life Insurance, Income Protection and Life and Trauma Insurance.

“Life insurance can help you take care of the financial uncertainties your family will likely endure should you fall terminally ill or pass away unexpectedly, so it’s important to find the right cover so your family is protected,” said Mozo Experts Choice Awards Judge, Peter Marshall.

“Too often people are hesitant to discuss their mortality, but with the cost of life on the rise, it pays to have a great policy that gives you the peace of mind that your family will be looked after if the unthinkable happened.”

And the crown goes to…


For the third year running NobleOak has been crowned Life Insurance Company of the Year, nabbing an amazing 7 awards in every category this year and impressing judges with great value products that Aussies are sure to love. 

First established 140 years ago, NobleOak is one of Australia’s longest-standing life insurers. NobleOak's mission is to make life insurance more affordable and accessible, and with it’s clean sweep of awards there’s little wonder why it took out the title. Check out our full NobleOak editorial review to learn more.

Life Insurance Company of the Year - NobleOak

Exceptional Value Life Insurance

Great value Life Insurance doesn’t necessarily mean missing out on great features. So it's crucial when shopping around for a policy that you weigh the features and benefits against the price you will be paying for your insurance.This year’s Exceptional Value Life Insurance winners were a head above the rest and amongst the best price insurance providers in Australia. The winners included; Allianz, NobleOak and RAC.

Exceptional Value Life Insurance Winners

Exceptional Quality Life Insurance

Finding exceptional quality Life Insurance means our judges had to weigh up additional benefits and how flexible the optional extras are to find those that stood out from the crowd.

This year’s Exceptional Quality Life Insurance winners offered the greatest array of benefits  and flexibility and were crowned the leading insurance providers in Australia for the highest level of cover and options available. The winners included; Qantas, NobleOak, TAL and Woolworths.

Exceptional Quality Life Insurance Winners

If you’d like to learn more about our award winners and see the full winners list, head over to our 2021 Mozo Experts Choice Awards Life Insurance page. Please read the full product disclosure statement available on each providers website before making a decision on a policy.

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Search promoted life insurances below. Advertiser disclosure. Important information on terms, conditions and sub-limits.
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    Life Insurance

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*Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement on the provider's website for further information before making any decisions about an insurance product.

Any information provided on this page should be considered a summary and general advice only. All information should be verified before purchase via the relevant Product Disclosure Statement (PDS).

^See information about the Mozo Experts Choice Life Insurance Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.