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Dear Member,
Costco has got you covered with member exclusive services and deals designed to maximise your membership. Check out this limited-time offer** from our life insurance partner, NobleOak.
Is organising life insurance still sitting on your to-do list? Don’t put off protecting what matters most – take out NobleOak’s award-winning insurance and be rewarded with a special Costco member discount* and a limited-time bonus offer exclusive for Costco Executive Members.** |
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| Minimum premiums and conditions apply. Higher shop card offer only available until 7pm AEDT 31 March 2026. |
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| Note: To be eligible for the $200 Shop Card the first year’s premium for life cover must be a minimum of $800. |
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Why consider life insurance?
Life insurance can help protect the people who matter most to you, offering financial support when it’s needed most. Some key reasons to consider life cover include having a partner or family who relies on your income, renting or owning your home, or wanting to protect your financial assets.
At NobleOak, you can select any or all of the following cover types based on your needs. |
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Why Choose NobleOak?
✓ Special Costco Member discount including a 10% lifetime discount on life cover.*
✓ Fully underwritten cover means we get to know you better and explain your options, giving you more certainty at claims time.
✓ 98.2% of life cover claims accepted against the industry average of 92.9% in the past financial year.^^ You can rely on us when it matters most.
✓ Helping protect Australians for over 145 years – We're one of Australia's longest-standing life insurers. |
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| Ready to tick life insurance off your to-do list? |
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Australia's most awarded Direct Life Insurer seven years running (2019-2025)^ |
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| NobleOak's outstanding value life insurance products and personal service has resulted in them being the most awarded Direct Life Insurer for the past seven years. |
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Terms and Conditions: Not all products sold on costco.com.au are available at your local Costco warehouse. Products sold online may have different pricing than the same products sold at your local Costco warehouse due to shipping and handling fees associated with delivery.
Important information from NobleOak
Insurance cover is issued by the insurer, NobleOak Life Limited ABN 85 087 648 708 AFSL No. 247302 under NobleOak’s My Protection Plan product and is subject to the terms and conditions of My Protection Plan Product Disclosure Statement (PDS). Please also read NobleOak’s Target Market Determination (TMD) and the Financial Services Guide, all available on site at www.nobleoak.com.au. This information is of a general nature only and does not take into consideration your individual circumstances, objectives, financial situation or needs. Before you purchase an insurance product you should carefully consider the PDS to decide if it is right for you. NobleOak cannot provide you with personal advice but their staff may provide general information about NobleOak Life Insurance products. Members should not cancel any existing Life Insurance cover until they have been informed in writing that their replacement cover is in place.
*Costco members are entitled to a 10% discount (which remains for the life of the cover) on NobleOak’s My Protection Plan rates for its term Life cover. This offer applies to new purchases of Life cover only and is not available for customers who purchase income protection, total and permanent disability or trauma insurance cover as stand-alone products.
**Costco Shop Card Terms and Conditions
NobleOak Services Limited (wholly-owned by NobleOak) pays Costco an ongoing commission of up to 10% of premium when products are acquired as a result of the marketing arrangement. This commission is at no additional cost to members. Costco will pass this commission onto the Executive Members in a form of a digital Costco Shop Card.
To be eligible for a Shop Card you must have an active Australian Executive Membership which must be provided at the time of purchase of the policy and maintained at the time of issuance of the shop card. This will be paid via a digital Costco Shop Card issued by email from the Costco Services Team – at least two months after issuing a policy for the $100 Shop Card, and at least three months for the $150 and $200 Shop Cards – based on the payment of insurance premium and the policy being current at the respective issuance time. NobleOak is not responsible for the Costco Shop Card and all enquiries about it should be directed to Costco. Offers are available for new customers only and can be used only once. Limited to one Shop Card per membership on your first NobleOak Life cover only. Not able to be used in conjunction with another advertised offer.
Minimum premium limits apply.
-To be eligible for the $100 Shop Card the first year’s premium for life cover must be a minimum of $300.
- To be eligible for the $150 Shop Card the first year’s premium for life cover must be a minimum of $600 - applies to any quote that is issued between 9am AEDT on 2-February-2026 and 7pm AEDT on 31-March-2026, results in a completed application and issue of life cover (quotes are valid for 30 days and are indicative only).
-To be eligible for the $200 Shop Card the first year’s premium for life cover must be a minimum of $800 - applies to any quote that is issued between 9am AEDT on 2-February-2026 and 7pm AEDT on 31-March-2026, results in a completed application and issue of life cover (quotes are valid for 30 days and are indicative only).
For full terms and conditions regarding Costco Shop Cards, please visit https://www.costco.com.au/costco-shop-card-TC
^NobleOak awards information found at www.nobleoak.com.au/about-us/award-winning-life-insurance/
^^As reported by MoneySmart.gov.au sourced from ASIC from 1 Jul 2024 to 30 Jun 2025. Full table can be accessed at Life insurance claims comparison tool - Moneysmart.gov.au. The payout of claims may be impacted by factors such as the cause of death. Past performance is not necessarily indicative of future results and actual events or performance may differ materially. It is not guaranteed that NobleOak will accept all Life cover claims
All services outlined will be issued by NobleOak Life Insurance.
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This email was sent by Costco Wholesale Australia, 17-21 Parramatta Road, Lidcombe, NSW 2141. This email was sent to |
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