NobleOak wins Fourth Mozo’s Life Insurance Company of the Year Award
NobleOak has continued our winning streak by being awarded Life Insurance Company of the Year for the fourth year in a row in the Mozo Experts Choice Awards.
Anthony Brown, CEO of NobleOak, said, “Winning this award for the fourth time is very pleasing as it validates our philosophy of consistently providing quality cover with outstanding value to our customers.”
To determine winners in the 2022 awards, the Mozo data experts reviewed and assessed life insurance, income protection, trauma cover and TPD offered by 21 direct Life Insurance providers. This information is used to calculate information on premiums and coverage to assess each policy, including a range of scenarios and comparing quote prices.
In addition to this prestigious award, we were also successful in the Exceptional Quality and Exceptional Value categories, winning in every single assessable area. Overall, we achieved more awards than any other insurance company for the fourth year running with a total of seven 2022 Mozo Expert Choice Awards.
“NobleOak really stands out from the competition, both for providing great value products, and making sure those products offer outstanding cover. That they have held this position every year we have conducted these awards is a testament to their focus on being the best provider of life insurance in Australia.” Mozo expert judge Peter Marshall said.
Alongside standard Life Insurance policies, the Mozo judges also investigated the value and quality of other Life Insurance categories including TPD Insurance (Total and Permanent Disability), Trauma Insurance, and Income Protection Insurance.
These were assessed when bundled with general Life Insurance, so Australians considering taking out coverage could compare policies which may suit them while maintaining the certainty of standard life cover.
NobleOak wins: Exceptional Value Life Insurance
NobleOak’s Premium Life Direct insurance policy stood out for its top value and quality for the fourth year in a row. NobleOak’s competitive life insurance covers include optional extras such as income protection, TPD, and trauma, to give you the security you need. Policyholders with life insurance can take out cover up to $15 million and a $15,000 funeral advance benefit is included (T&Cs apply).
NobleOak wins: Exceptional Value Life & TPD Insurance
For this category, Mozo’s expert judges assessed the combined Life and Third Party Disability options on offer. Again, they were out to find policies with the most competitive prices for the broadest range of customers.
NobleOak wins: Exceptional Value Life & Trauma Insurance
Mozo’s judges ran a range of scenarios and compared quoted prices to identify winners in this category. Those that came out on top offered the most competitive policy options for a wide range of people when it comes to combined Life and Trauma Insurance.
NobleOak wins: Exceptional Value Income Protection
The cost of plans serving a variety of professions were considered for this award. The judges analysis considered policies offering 1 and 3 month waiting periods, and one and two year benefit periods.
NobleOak wins: Exceptional Quality Life Insurance
Price wasn’t considered for this award. Instead, the Mozo judges looked for direct Life Insurance policies with the most generous combination of cover across the features they assessed. This way they could find the highest quality cover irrespective of price.
NobleOak wins: Exceptional Quality Income Protection
To find the most fully featured Income Protection insurance policies, any that didn’t offer partial disability cover and mental health conditions were disqualified. As the sole winner in this category, NobleOak was found to offer the best combination of cover across the assessed features.
To find out more about the judging process and winners, head to the Mozo Experts Choice Life Insurance Awards page, or read through the awards methodology report for all the details.
