Qantas Assure Life Protect offers points for life insurance

Sally McMullen 20 February 2017

man-office-smartphone738x410

Qantas Frequent Flyers can now earn points on every dollar they spend on life insurance.

Qantas Frequent Flyers have even more ways to earn Qantas Points on everyday costs with the launch of Qantas Assure Life Protect this week. In addition to the existing health and travel insurance products, Qantas Frequent Flyers can now earn points for every dollar they spend on life insurance through Qantas Assure.

Qantas has partnered with Australian insurer TAL to offer new Qantas Assure Protect products including Life Insurance Cover, Income Protection and Trauma and Total Permanent Disability Protection Insurance (TPD). If you purchase one or more of these policies, you can earn bonus points on sign up as well as Qantas Points for every dollar spent on your premium. Depending on the bundle you go with, this should add up to a pretty little bounty of at least 40,000 Qantas Points.

For example, you’ll earn a start-up bonus of 10,000 Qantas Points or 30,000 bonus points if you take up two or more products. Plus, you’ll earn one Qantas Point for every dollar you spend on your premium. You can boost your balance after you sign up by earning up to 10,000 Qantas Points just for being active (whether that means going for a run, grabbing groceries or mowing the lawn) through the Qantas Assure app.

Even if you earn the minimum number of points, the Qantas Points you’ll earn for signing up for life insurance with Qantas Assure should be enough for an overseas flight. For example, 40,000 Qantas Points could get you an Economy Classic Flight Reward from Sydney to Singapore, Johannesburg or Auckland with points to spare.

As well as the opportunity to earn points for doing exercise, Qantas is also rewarding frequent flyers with healthy lifestyles with a 10% discount on Life Insurance premiums for applicants who sit within the Heart Foundation’s healthy BMI range.

Qantas’ Assure Life Protect is a unique way for Australians to be rewarded and see the benefits of their life insurance before they have to use it says Qantas Loyalty CEO Lesley Grant. But while the promise of points may sound rewarding, it’s important that you’re not lured into signing up purely based on the rewards. Compare your life insurance options and make sure that the policy provides you with sufficient coverage before signing up.

See our guide for 22 ways to earn more Qantas Points on everyday expenses.

Latest frequent flyer and rewards headlines

Picture: Shutterstock

Get more from finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
Go to site