Money Hack: Getting more from your life insurance with Velocity

Posted: 16 September 2017 10:00 am

Enjoy 25,000 Velocity Points when you get life or income protection insurance with Virgin.

Let's face it, you don't want life insurance. No one does. The problem is it's not for you, it's for your family. And while you may not want to get cover, your family may thank you for it later.

But, where's your thanks now?

Well, to take the sting out of having to buy life or income protection insurance, Virgin Money is offering new and eligible customers something to sweeten the deal ...

Simpsons meme

The hack

If you want to get more from your life or income protection policy, Virgin Money is offering new members 25,000 Velocity Points!

What's the catch, you ask?

The offer is available from 1 September to 31 October 2017 to new members who take out a policy with a minimum monthly premium of $80.

While you're looking at insurance with Virgin, and if you're in need of home or car insurance, have a look at the Virgin Home and Contents Insurance Price Saver and Car Insurance Price Saver policies.

If you take out combined home and contents or comprehensive car insurance before 31 October 2017 with Virgin, you could earn 10,000 bonus Velocity Points.

The better news is that Velocity members can earn points on a range of other insurance products outside the Virgin Money brand.

If you take out selected private health insurance policies with Bupa, you can earn up to 27,500 Velocity Points as a single or up to 70,000 Velocity Points for a family.

Velocity members can also earn three Velocity Points per $1 spent on travel insurance policies with Cover-More and on pet insurance policies with

finder money hacks is a bi-weekly roundup of the latest tips and tricks to improve your finances. Check back every Wednesday and Saturday for new hacks.

Compare your life insurance options online

Latest life insurance news

Picture: Shutterstock

Get more from Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site