Protect your loved ones with Australia’s best Life Insurance Company for 2021
Besides not being a typical cup of tea topic, life insurance can also be very confusing. But it's also very necessary for a number of Australians, especially for those who earn the highest income in their family.
The goods news for the breadwinner of the family is that Mozo is here to help! Our team of research experts have just dug their way through pricing and cover information from 26 different insurance providers, to determine the winners of the 2021 Mozo Experts Choice Awards for Life Insurance.
Expert Judge Peter Marshall said, "For the 2021 awards we assessed the value and quality of policies that offer cover for death, total and permanent disability, trauma and income protection. One provider that really stood out for all of these was NobleOak."
In fact, the experts were so impressed with NobleOak that it received not one but seven awards! This includes the most coveted Mozo Experts Choice Award for Life Insurance Company of the Year 2021. An accolade which it received for the third year in a row! Other awards NobleOak received were:
- Exceptional Value Life Insurance
- Exceptional Value Life & TPD Insurance (Third Party Disability)
- Exceptional Value Life & Trauma Insurance
- Exceptional Value Income Protection
- Exceptional Quality Life Insurance
- Exceptional Quality Income Protection
As you can see NobleOak impressed for both value and quality. Searching for life or income protection insurance? Why not have a quick look at NobleOak's award-winning products below.
- Cover available up to $15 million
- Policy can be renewed up to age 99
- Includes $15,000 funeral advance benefit
One of Australia’s oldest life insurance providers, NobleOak’s policy has a generous maximum cover level of $15 million. On top of this, there’s a $15,000 funeral advance benefit, a terminal illness benefit, a financial advice benefit and a grief counselling benefit. Plus, with this policy there’s even the option to freeze your premium amount. Just bear in mind that policies can only be taken out up until the age of 69. Existing policies can be renewed up until age 99. We recommend reading the full product disclosure statement (which is available on NobleOak’s website), for a full list of exclusions and sublimits that may apply to this policy.
- Insure up to 75% of your pre-tax income
- Maximum $25,000 monthly cover benefit
- Choose 30 or 90 day waiting period
Worried about protecting your salary? You might want to check out NobleOak’s Income Protection Insurance. Not only did this policy receive a Mozo Experts Choice Award for Exceptional Value, but it was the only insurance plan to be given the Mozo Experts Choice Award for Exceptional Quality Income Protection. You can opt for either a 30 or 90 day waiting period and policies can be taken out up to the age of 59. Again more information on exclusions and sublimits can be found in the product disclosure statement -which is available on NobleOak’s website.
Why choose a Mozo Experts Choice Awards winner?
This is the third year in a row that Mozo's team of research experts have trawled through multiple life and income protection insurance policies. Understanding insurance can be a real head-spinner, but our experts have all the data and knowledge at their fingertips to assess policies on the value and quality they offer Australians.
The team looked at policies that can be purchased directly online from the providers and assessed in particular cover for death, total and permanent disability, trauma and income protection.
Awards are split into two main categories: Exceptional Value and Exceptional Quality. For the Value Awards, quotes were gathered for both men and women for a range of professions and ages. To be eligible for the award, insurance policies had to be available to customers of at least 55-years-old.
Opposite to this the Quality Award was given based on the additional benefits, features and the flexibility of the policy. This award does not take into consideration price.
Want to take out a policy with NobleOak?
Keen to get on board with an award-winning insurance plan? To sign up for a policy with NobleOak all you have to do is follow these three steps:
- Get a quote: You can get a quote online by clicking on the 'go to site' button above and heading straight over to NobleOaks website.
- Apply online: If you're happy with the quote you've been given and you've read through the entire product disclosure statement, you can then fill out your details and apply online via NobleOak's website.
- Get covered: After this the ball is in NobleOak's court. NobleOak will assess your application and keep you updated as to how it is progressing.
Want to read more about the awards? Check out our methodology report to read more about the winners of the 2021 Mozo Experts Choice Awards for Life Insurance.
*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).
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.