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Life Insurance is a key consideration when reviewing your financial needs. That is why Gateway has partnered with NobleOak Life insurance to bring you a comprehensive solution. Gateway Members will receive a 20%^ saving on average. NobleOak believes Members should have certainty at claim time so that you and your family can continue to meet financial commitments if something unexpected happens.

NobleOak’s range of Insurances include:

  • Life Insurance
  • Total and Permanent Disablement (TPD) Insurance
  • Trauma Insurance (also known as Critical Illness cover)
  • Income Protection Insurance
  • Business Expenses Insurance

Online Quote

Product Disclosure Statement

Life Insurance

  • Up to $25 million in Life cover
  • $15,000 of the agreed Life Insurance cover will be advanced to assist with funeral expenses~
  • ‘No surprises’ fully underwritten cover

Total and Permanent Disablement (TPD) Insurance

TPD Insurance is optional cover that provides a benefit in the event you become permanently disabled and unable to work. This cover provides a lump sum payment of:

  • Up to $5 million under ‘Any occupation’ definition and
  • Up to $3 million under the ‘Own occupation’ definition

Trauma Insurance

Trauma cover is available either as a stand-alone cover or as an optional extra to NobleOak’s Life Insurance. This cover provides a lump sum payment of:

  • Up to $2 million in the event you are diagnosed with one of the 38 listed medical conditions including heart attack, stroke, cancer and coronary bypass surgery

Trauma Insurance helps you cover debts like a mortgage, or any gap in medical expenses.

Income Protection Insurance

Choose cover of up to 75% of your income (up to $30,000 per month) in case you can’t work due to sickness or injury.

  • Choice of benefit period: 2 years or to age 65
  • Choice of waiting period: 30 days or 90 days.

Business Expenses Insurance

Business Expenses Insurance is a financial back-up plan for the self-employed if you can’t work due to serious illness or injury. It provides a maximum cover of $25,000 per month, to pay ongoing wages and superannuation costs of your non-income producing staff and rent for your office or shop. Premiums are usually tax deductible.

About NobleOak

NobleOak is an award winning, independent Australian life insurer that has been helping Australians protect their lives and loved ones for over 140 years.

NobleOak’s Australian based team pride themselves on service excellence, receiving a market leading 94.4% satisfaction rating with their clients*.

Life Insurance calculator 

By simply answering a few questions, NobleOak will send you a personalised free Life insurance report. The analysis will include:

  • Your insurance gap for Life, Trauma, TPD and Income Protection Insurance
  • Insurance package options that cover your 'essential', 'important' and 'nice to have' needs
  • The types of covers that could be important to you

Go to Life Insurance calculator 

  Need to make a claim?

Call NobleOak on 1300 551 044 or email

  Additional Product Information:


^Important Information - savings information and discount

The savings quoted are the average of the savings when comparing NobleOak’s premiums for its Term Life cover under NobleOak’s My Protection Plan product to the average cost of Term Life Insurance cover offered by a range of other Life Insurance companies, including products available directly from the insurer (6 products included in the comparison) and those available for purchase through a financial adviser or broker (6 products included in the comparison) and also applying the discount to standard rates. A premium comparison was undertaken in April 2020 by Plan For Life based on published premium rates.

Click here for more details on the premium comparison. Life Insurance rates for insurers, including NobleOak, may change since that time and this could change the outcome. Members are entitled to a 15% discount on NobleOak’s usual premium rates for its term life cover. Please call NobleOak on 1300 108 490 to apply for cover and verify your actual premium which will take into account your age, occupation, sum insured, health and pastimes. Did you know that in addition to term Life Insurance cover, NobleOak also offers Income Protection, TPD, Trauma and Business Expenses cover. Our website contains details.

1. Life insurance is issued by NobleOak Life Limited ABN 85 087 648 708 AFSL No. 247302. For full terms and conditions, including limits and exclusions please refer to the NobleOak My Protection Plan Product Disclosure Statement. This information is of a general nature only and does not take into account your personal objectives, situation or needs. Before making a decision about your insurance needs, please refer to the My Protection Plan Product Disclosure Statement available at and Gateway’s Financial Services Guide available at 

2. Gateway may receive commissions from NobleOak for referring Members who take out Life insurance through NobleOak Life Limited. 

3. In arranging this insurance, Gateway Bank acts under its own AFSL and under an agreement with NobleOak Life Limited.