The following documents are important documents. However, only the PDS forms part of the contract for insurance once cover is issued (the other documents forming the contract of insurance are referenced in the PDS).
Product Disclosure Statement
It is important that you read and understand the product features, details and exclusions outlined in the PDS document (issued by NobleOak) below.
RAC Life Insurance - Life, Trauma, Income Protection & TPD cover
RAC My Protection Plan life insurance PDS (PDF 1.2 MB)
Financial Services Guide
Financial Services Guide FSG (PDF 459 KB)
Target Market Determination
Target Market Determination TMD (PDF 194 kB)
The issuer, NobleOak Life, adopts the Life Insurance Code Of Practice, for more information on this go to their site. NobleOak also have information about support for those experiencing vulnerability or hardship; about making a complaint and about insurance premiums.
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 receives a commission from NOL for policies issued by NOL to RAC members.
†NobleOak Awards please see here.
^Up to $150 Digital Prepaid Mastercard for RAC Life Insurance applications received by 13 December 2024 and cover issued. To be eligible for the Mastercard, you must maintain your policy for 4 months with premiums paid up to date.
*The value of the gift card will depend upon your premium:
| Annual Premium Amount | Gift Card Value |
|---|---|
| $0 - $399.99 | Gift card unavailable |
| $400 to $1399.99 | $100 |
| $1400 and above | $150 |
There is a Limit of one Digital Prepaid Mastercard per policy holder. The RAC Life Insurance team at NobleOak reserves the right to end the Insurance Offer in certain circumstances. For all Offer terms and conditions see RAC Life Insurance Issued by NobleOak Terms and Conditions (PDF 175KB). Eligible Recipients will receive an SMS with an activation code and instructions to activate their Digital Prepaid Mastercard up to 30 days after eligibility has been confirmed. The activation code must be used within 2 months to activate the Digital Prepaid Mastercard which is valid until the expiry date on the card (not less than 12 months from date of production). Use of the Digital Prepaid Mastercard for RAC Life Insurance are subject to the card issuer terms and conditions The Digital Vault Pays-enabled Prepaid Mastercard is issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
For all policies purchased with AIA before
1 October 2021
Product Disclosure Statement
It is important that you read and understand the product features and details outlined in the PDS documents below.
RAC Life Protect
RAC Life Protect PDS – 01/04/2021 v6 (for policies purchased between 01/04/2021 and 30/09/2021) (PDF 0.73MB)
RAC Life Protect PDS – 30/11/2018 v5 (for polices commencing between 30/11/2018 and 31/03/2021) (PDF 0.5MB)
RAC Income Protect
RAC Income Protect PDS – 01/04/2021 v4 (for policies purchased between 01/04/2021 and 30/09/2021) (PDF 1.2MB)
RAC Income Protect PDS – 30/11/2018 v3 (for polices commencing between 30/11/2018 and 31/03/2021) (PDF 0.3MB)
RAC Accident Protect
For existing members who purchased RAC Accident Protect cover prior to 5 December 2018, please refer to the RAC Accident Protect PDS below:
RAC Accident Protect PDS (No Longer Available) (PDF 0.5MB)
Financial Services Guide
RAC Distribution PTY LTD (RACD) ABN 71 092 581 470 is part of the RAC Group of Companies and is an authorised representative (Authorised Representative No. 238025) of AIAFS. For more information please read the Financial Services Guide. (PDF 0.5MB)
