Life insurance banner image
Mozo experts choice awards 2022 life insurance

Life Insurance 2022 Mozo Experts Choice Awards

Congratulations to the 2022 winners of Mozo Experts Choice Awards for Life Insurance.

See the winners

Stats crunched by Mozo Experts

View methodology report

If you’ve been thinking about life insurance, but not sure where to begin, our judges have sifted through policies of 21 life insurance companies to make the job easier for you. This year, choosing the right cover to protect yourself and your family is easy; simply check out the winners of our Mozo Experts Choice for Life Insurance and get cover that’s right for your needs.


Standout Winners

Mozo experts choice awards 2022 life insurance

Life Insurance Company of the Year

For an incredible fourth year in a row, one insurance company scooped more awards than any other provider in 2022. NobleOak earned awards for Exceptional Value and Exceptional Quality, taking out the crown once again as the Life Insurance Company of the Year.

Congratulations to:

NobleOak

Compare more Life Insurance
Mozo experts choice awards 2022 life insurance

Exceptional Value Life Insurance

Life insurance can be a long term investment, so it’s important to find insurance that offers exceptional value. This category assessed direct life insurance policies eligible for new customers up to the age of 55. Those awarded offer the most competitively priced plans across the broadest range of customers.

Congratulations to:

Budget Direct, NobleOak, and RAC

Compare more Life Insurance
Mozo experts choice awards 2022 life insurance

Exceptional Value Life & TPD Insurance

For this category, the judges assessed the combined Life and Third Party Disability options on offer, to find those with the most competitive prices for the broadest range of customers.

Congratulations to:

Budget Direct, NobleOak, and TAL

Compare more Life Insurance
Mozo experts choice awards 2022 life insurance

Exceptional Value Life & Trauma Insurance

For people looking to combine their Life policy with Trauma Insurance, the judges identified the insurance companies that are most competitive on price for a wide range of people.

Congratulations to:

Budget Direct and NobleOak

Compare more Life Insurance
Mozo experts choice awards 2022 life insurance

Exceptional Value Income Protection

If you’re after income protection cover, should you not be able to work for some time due to illness or injury, finding exceptional value income protection is essential. To assess Income Protection Insurance, our judges considered the cost of plans with both 1 and 3 month waiting periods, and one and two year benefit periods, for a variety of professions.

Congratulations to:

Budget Direct, HCF, NobleOak, and RAC

Compare more Life Insurance
Mozo experts choice awards 2022 life insurance

Exceptional Quality Life Insurance

If it’s what’s included that matters most, then exceptional quality life insurance could be your ticket. This category assessed direct Life Insurance policies based on the quality of their cover irrespective of price. The winners of this category offered the most generous combination of cover across the features assessed.

Congratulations to:

Budget Direct, NobleOak, and TAL

Compare more Life Insurance
Mozo experts choice awards 2022 life insurance

Exceptional Quality Income Protection

For this category, judges assessed the quality of direct Income Protection insurance policies. Only policies that offered partial disability cover and cover for mental health conditions were eligible for this award. The winner offered the best combination of cover across the features assessed.

Congratulations to:

Budget Direct, NobleOak, and RAC

Compare more Life Insurance

What are the Mozo Experts Choice Awards?

Now in their ninth year, the Mozo Experts Choice Awards present an opportunity to highlight products in the market we believe offer great value to Australians.

For the 2022 Life Insurance awards, we analysed 21 different insurance companies.

“Life Insurance is not something we tend to think about very often, and that can make it very hard to figure out how to find insurance that is better than the rest,” said Mozo Experts Choice Award judge, Peter Marshall.

“Our awards are based on extensive research, comparing both the cost of premiums and the benefits offered. We found there can be huge differences between policies; so checking out the winners of these awards can be a great way to get started on your search for a policy that suits your needs and budget.”

For details on how we crunched the numbers and determined our winners, see the 2022 Mozo Experts Choice Life Insurance Awards methodology report.


Our Expert Judges

We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.

FAQs

How do I find the cheapest life insurance policy for me?

Check out the winners in the Exceptional Value category. Our experts crunched the data on a range of customer scenarios and these were the insurance companies and policies that came out the cheapest when compared to similar products.

It’s important to note that several factors go into determining the cost of life insurance such as your age, profession, gender, and if you smoke or not. So, you’ll still need to do a comparison of features and options to find a policy that is right for you and then get quotes so that you can compare the price based on your profile.

See Mozo’s life insurance hub to compare more options or read through our helpful life insurance guides to get up to speed on the industry.

What’s the Judging Criteria for the Mozo Experts Choice Awards?

Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our Mozo Experts Choice Life Insurance Awards methodology report for detailed information on how we performed product comparisons and determined the final Life Insurance Award winners for 2022.

Did you compare all life insurance policies in the market for these awards?

We collected pricing and cover information from 21 different insurance companies for the 2022 awards. We aim to include most life insurance companies in the market in the Mozo Experts Choice Awards. However, not every institution or product in the market will be included in our review. Any product we review must be available to the general public and in the market at the time of our analysis.

Who are the Mozo Experts?

The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Research Manager he leads the team of analysts that gather information and compare products every day, and perform all the calculations behind the Mozo Experts Choice Awards.

I work for an insurance company, how do we promote our win?

Please get in touch with us to discuss by email should you have any queries.