Brought to you by NobleOak, Australia's most awarded Direct Life Insurer of 2025†
RAC My Protection Plan is fully underwritten, which means we ask more questions upfront when you apply for cover. This makes the process easier for your loved ones at claim time.
See some of the key features and benefits
Australian residents between the ages of 16 - 69 can apply for up to $25 million in life insurance cover. If you are between the ages of 70 - 74, you can apply for up to $500,000 in life cover.
74 years
To 99 years
Any questions
Call us on 1300 342 194 Monday to Thursday 6am to 6pm or Fridays 6am to 4pm. Or you can email sales@raclifeinsurance.nobleoak.com.au
If you die while covered for life insurance, the agreed cover amount will be paid as a lump sum to your nominated beneficiaries or estate. You can apply for cover up to $25 million.
Your beneficiary or estate will be advanced $30,000 (taken from your cover amount) to assist with funeral expenses, upon evidence of age and receipt of the death certificate.
We pay the death benefit amount if you become terminally ill (it's paid in advance, so it is not payable when you die).
You can be reimbursed the cost of engaging a qualified financial adviser up to $5,000 to prepare a financial plan if a benefit is paid in excess of $200,000 for death or terminal illness. If your Sum Insured is more than $1 million and your insurance has been in place for at least 2 years, the upper limit on this benefit is increased to $10,000.
The cost of grief counselling services for you, your spouse or your partner, can be paid up to $2,000 if a benefit is paid for death or terminal illness.
Provides support for your family through a benefits package, which may include assistance with travel, childcare, and housekeeping, subject to eligibility criteria. These benefits are in addition to the lump sum payment.
TPD cover and trauma cover are available as optional covers together with your life insurance cover (trauma cover is also available as standalone cover). You can select these covers in the quote process.
Life Insurance is an important tool for people who have financial dependents, allowing you to help provide for your loved ones. RAC My Protection Plan offers several different insurance types, each providing a benefit for different scenarios. You can choose one or more of the following insurance types:
RAC Life Insurance is a fully-underwritten life insurance product. That means the insurer asks you about your health and lifestyle at the start, not when you make a claim. As long as you correctly disclose the information requested when you apply, you can be more confident that a future claim will be paid as outlined in the Product Disclosure Statement than with other types of cover.
NobleOak Life Limited (NobleOak), an award winning life insurer, is the issuer of RAC Life Insurance. NobleOak is an Australian life insurer that was established in 1877 and has been protecting Australians for over 145 years.
NobleOak is regulated by the Australian Prudential Regulation Authority (APRA), and holds an Australian Financial Services License issued by the Australian Securities and Investments Commission (ASIC).
RAC Life Insurance is reinsured through an arrangement NobleOak has with Hannover Life Re of Australasia Ltd.
NobleOak is also a member of the Financial Services Council of Australia (FSC) and a signatory to the FSC Code of Practice for Life Insurers.
RAC has partnered with NobleOak to offer RAC Life Insurance, reflecting their shared commitment to integrity, exceptional customer service, and community benevolence.
Policies that are ‘fully underwritten’ are tailored to your individual circumstances. By answering more questions at the time of application, the life insurer is better able to make an assessment of the potential risks (health and other factors) of offering insurance cover to you.
The main benefit is that the terms of cover are specifically tailored to you, which may reduce the costs of your cover depending on your circumstances. It can also mean greater peace of mind for you and your family, as you know exactly what you are covered for.
For policies that are partially underwritten or have no underwriting. If something in your medical history in or the manner of your death is considered significant, there is a chance that your claim entitlement may be significantly reduced, or even denied.
By taking out fully underwritten life insurance cover, you can have more certainty at claims time because the life insurer already has certain information about you.
Life cover will allow you to help protect your family against financial hardship with a lump sum benefit if you were to pass away or are diagnosed with a terminal illness that is likely to result in death within 24 months.
If you are aged between 16 and 69 years you can apply for up to $25 million in Life cover. If you are between the ages of 70 and 74, you can apply for up to $500,000 in life cover. Cover can remain in place to age 99.
With RAC Life Insurance, there are other benefits in addition to the lump sum payment including:
You can find out more about these benefits in the PDS.
As an option, you also can add Total Permanent Disability (TPD) or Trauma Insurance cover to your life cover policy
Life Insurance purchased through super can be a good way to ensure you at least have some level of cover, which is always better than none at all.
Some clients may find that through their superannuation, Life cover generally cuts off at age 65 or 70, and other covers may cut off even earlier. With RAC Life Insurance (which is outside super), you can hold Life cover up until age 99. Some other things you may wish to consider if you have life insurance in your super would be:
As part of the underwriting process, your application for Life Insurance may result in the requirement for a blood test, or a medical examination. If this is the case, NobleOak will arrange this, and do so at their expense.
This process is usually quick and would take place in your home or office. It helps ensure the cover you require can be tailored to your personal situation and the premiums you will pay are calculated accordingly.
Yes: most Life cover policies, including RAC Life Insurance issued by NobleOak, cover death resulting from cancer. It’s important to note that the claim will be assessed based on the terms and conditions of the policy, so full disclosure of medical history during the application process is essential to ensure coverage.
Trauma Insurance provides a lump sum benefit if you are diagnosed with a specified critical illness, such as cancer, and survive for a defined period. This benefit can be used to cover treatment costs, rehabilitation, or other expenses – allowing you to focus on recovery.
Before you decide, please read the PDS issued by NobleOak on the Policy documents page.
Support for family violence, financial hardship, accessibility and specialist services.
The RAC Life Insurance suite of products (RAC Life Insurance) is distributed and issued by NobleOak Life Limited, AFSL 247302 (NOL). NOL and its representatives handle all claims. RAC Insurance Pty Ltd does not distribute, issue or guarantee these products. The information on this website is factual information only, and is not financial advice. You should consider factors like your objectives, financial situation and needs and read the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) available via this website as well as our Financial Services Guide before deciding to acquire RAC Life Insurance.
You should not cancel any existing life insurance policy until you have been informed in writing that your replacement cover is in place.
RAC Insurance Pty Ltd receives a commission from NobleOak for RAC My Protection Plan Life Insurance policies.
† NobleOak Awards please see here.
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