NobleOak Direct Income Protection

NobleOak is a provider of direct income protection insurance, as well as life insurance, total and permanent disability (TPD), and trauma insurance.

About NobleOak

NobleOak traces its history back to the 1870s in Australia when the organisation was initially founded as one of the first benevolent societies in the country. But its founding principles go back much further and draw from the Ancient Order of Druids that existed in Europe many centuries ago.

In 2011, the United Ancient Order of Druids Friendly Society of NSW became NobleOak Life Limited.

NobleOak says its vision is to protect Australians and their families by offering “accessible and affordable” insurance.

See how NobleOak compares in Canstar’s Direct Income Protection Star Ratings and Award.

See the table below for a snapshot of the current products on offer from NobleOak, based on a 30-39 year old male non-smoker, in a white collar occupation. Before committing to any particular policy, check upfront with your provider and read the PDS to confirm whether it meets your needs.

What income protection does NobleOak offer?

NobleOak offers disability income insurance (also known as income protection insurance) for up to 70% of your regular pre-tax income in case you can’t work due to sickness or injury.

What features does NobleOak income protection offer?

As a provider of income protection, NobleOak offers the following features:

A maximum benefit period of two years, five years or to age 65
A maximum monthly benefit of $30,000 (subject to certain limits)
A waiting period of either 30 days or 90 days before you’re eligible to receive benefits
A maximum entry age of 55
Available if you’re self-employed (subject to standard underwriting assessment)
Phone-based support and an online application process
Up to 10% of the sum insured can be added to allow for superannuation contributions that would have continued had you not been on claim. This will be paid directly to your eligible superannuation fund.

Compare income protection insurance

NobleOak income protection insurance Frequently Asked Questions

What does NobleOak income protection cost?

The cost of your NobleOak income protection insurance will vary depending on several different factors such as:

Your age and gender
Occupation (you must be working at least 20 hours per week)
Benefit period and waiting period
Whether you smoked or vaped tobacco or any other substance or used nicotine replacement products within the last 12 months

You can get a quote for NobleOak income insurance on its website before applying to see what you might need to pay. All you need to complete an online form and provide an email address and phone number.

Are my NobleOak income protection premiums tax deductible?

The Australian Taxation Office (ATO) says you can claim the cost of premiums you pay that cover the loss of your income.

You can’t claim a deduction for premiums that compensate you for physical injury or are taken out through your super fund.

Ask your tax accountant or financial adviser for more details on this.

Generally speaking, premiums for other forms of life insurance such as term life insurance, TPD insurance or trauma insurance may not be tax deductible.

How do I lodge a claim with NobleOak?

NobleOak says to make a claim you need to notify its Claims Team on 1300 551 044 and someone will walk you through the process. They will send you a claim form and explain what documents are required, which may include:

Claim form and medical attendance statement including signed medical authority
Proof of Identity – certified
Police report – if applicable
Individual tax returns, business tax returns, profit and loss statements and/or payslips
Supporting medical reports from all examinations and specialists
Medicare records through MyGov

Once you’ve completed the form and sent it back with any relevant documents, your claim can then be assessed. If approved, NobleOak will then make arrangements for any payments due.

Am I eligible to apply for NobleOak income protection?

NobleOak’s Product Disclosure Statement (PDS) document say you must satisfy the following criteria to be eligible for an income protection policy:

You must be aged between 18 and 55
Working at least 20 hours per week.

How to apply for NobleOak income protection

You can start a quote for income protection insurance online, and you can also arrange for a call back. You can also call 1300 041 494 (8am-11pm AEDT Monday-Thursday , 8am-9pm AEDT Friday).

NobleOak may ask you:

Your full name
Date of birth
What state or territory you live in
Your occupation
Your income

You may also need to provide an email address and a contact phone number.

Make sure you read carefully the details of any policy and any relevant documents such as any Product Disclosure Statement (PDS) and Target Market Determination (TMD). You should also check to see if you have any income protection insurance cover through any superannuation you may have.