Receive up to 100,000 Qantas Points
Join Qantas Life Insurance and earn up to 100,000 Qantas points. T&CS apply including minimum premium and policy hold periods apply to earn points.
One of Australia's most famous airline's offers life insurance.
A life insurance policy with Qantas comes with an advance payout of up to $25,000, usually within 24 hours of receiving a completed claim, relieving your loved ones quickly of any financial stress or burden. You can also choose between stepped or level premium options and you can tailor cover through cover blocks.
If you take out life insurance cover, you can also get up to 100,000 bonus Qantas Points*.
Read on to see which cover options are available and what each policy includes.
When you take out any form of life insurance with Qantas you also become a member of the Wellbeing program whereby tracking your exercise activities via the Qantas Wellbeing App can help you earn Qantas Points. Exercise activities can include walking, swimming, cycling and even sleeping.
|Maximum sum insured||$2,000,000, depending on your age and income|
|Underwriter||TAL Life Limited|
|Cover types available|
|Age of entry||18-74*|
|How do I apply?||Online with the insurer.|
*Based on Life Insurance (death cover) on stepped premiums. Information last checked on April 2019. Always consult the Product Disclosure Statement (PDS).
*Only for specific events, e.g. marriage or having children. Based on Life Insurance (death cover). Information last checked on April 2019. Always consult the Product Disclosure Statement (PDS).
Based on Life Insurance (death cover). Information last checked on April 2019. Always consult the Product Disclosure Statement (PDS).
Qantas Life Insurance offers four separate insurance policies. You can tailor a policy to suit your needs using one, some or all of the options below:
Qantas Life Insurance offers the following features and benefits to members:
|Policy||Age when you can apply||Other requirements|
|Life cover||Between 18 - 74|
|Income protection||Between 18 - 59|
|TPD||Between 18 - 59|
|Trauma||Between 18 - 59|
Qantas Life Insurance members also gain access to the Qantas Wellbeing program. As part of the program, you can track your everyday exercise activities through the Qantas Wellbeing App and earn Qantas Points simply for tracking your exercise. For example, walking the dog or going for a bike ride can help you boost your Qantas Points balance and save up for your next holiday. You can also access special offers and discounts from Qantas Insurance partner retailers.
When you take out a Qantas Life Insurance policy, you’ll be given the option to choose between stepped and level premiums. Stepped premiums usually start out cheaper but will usually increase each year as you age, while level premiums cost more to start with but generally don’t increase each year. If you choose level premiums, your policy will automatically revert to stepped premiums at the policy anniversary after your 64th birthday.
There are also several factors that can impact upon the cost of your premium, including:
Premiums can be paid by direct debit or credit card (Mastercard, Visa or AMEX) either:
If you need to make a claim on your Qantas Life Insurance policy, you’ll need to phone 13 49 60 from Monday to Friday, 8:30am to 5:30pm (AEST). You’ll then be assigned a claims manager who will oversee your claim from start to finish, advise you of the next steps, and answer any questions you may have.
To reduce hassle, many details of your claim can be provided over the phone. However, your claims manager will let you know what documentation will be needed to support your claim, such as medical reports, a death certificate or a statement from your doctor.
If you take out optional 'Inflation Protection' then your Qantas Life Insurance policy is indexed to provide protection against inflation. The indexation rate is 5% or the Consumer Price Index (CPI), whichever is greater, for Life, TPD and Trauma Insurance. If you have Income Protection Insurance, the indexation rate is the greater of 3% or the CPI.
The other change you may need to be aware of is that if you hold a Life, TPD or Trauma Insurance policy with level premiums, these will revert to stepped premiums at the policy anniversary after you turn 64.
It’s important to be aware of when your Qantas Life Insurance policy won’t provide any cover, but the general exclusions vary depending on the type of insurance you have. With this in mind, it’s essential that you read the PDS closely to learn what is and isn’t covered and decide whether a policy is right for you.
Under Qantas Life Insurance, no cover is available if your claim arises because you visit a country for which the Department of Foreign Affairs and Trade (DFAT) has issued a “Do Not Travel” warning.
In addition, other exclusions may apply based on the covers you select as part of your policy. For example, if you select Accident Cover and Illness Cover but no Adventure Sports Cover, no claim will be paid if:
A number of other exclusions also apply, so check the PDS for full details.
*General conditions you should consider. A minimum monthly premium of $25 is required to earn points when you sign on and you'll also need to hold a policy for at least 9 months to receive the maximum amount of points for how much you pay in premiums. In order to earn 100,000 points a minimum monthly premium of $300 is required (and the policy must be held for 9 months). Be sure to check the full terms and conditions when you apply.
Learn the types of cover available and what's right for you
You could be missing out on additional super returns.
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of major banks, insurers and product issuers.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product. You should consider whether the products featured on our site are appropriate for your needs and seek independent advice if you have any questions.
Products marked as 'Promoted' or "Advertisement" are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options and find the best option for you.
The identification of a group of products, as 'Top' or 'Best' is a reflection of user preferences based on current website data. On a regular basis, analytics drive the creation of a list of popular products. Where these products are grouped, they appear in no particular order.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment.
We try to take an open and transparent approach and provide a broad based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.