Qantas Insurance is an ever-growing arm of the frequent flyer program. Initially starting out as Qantas Assure, offering just Health and Life products, it rebranded to its current form with an expanding suite of insurance-related products.
In October 2019, Qantas Insurance introduced car insurance to its line-up and is expected to also add Home Insurance in late 2020
How can I earn Qantas Points from insurance?
There are currently four main Qantas Insurance products where you can directly earn Qantas Points:
- Health Insurance
- Life Insurance and Income Protection
- Car Insurance
- Travel Insurance
In addition, you can earn Qantas Points by using the Qantas Wellbeing App, which is fully functional when holding some of the insurances above.
Note: This is a neutral guide to Qantas Insurance products. You should read the relevant PDS in detail and assess whether the cover and associated costs are appropriate for your personal circumstances.
What is Qantas Health Insurance?
Private health insurance is a major expense for many Australians, so there are plenty of providers and offers on the market. Qantas provides a health insurance product backed by nib, offering coverage for singles, couples, families and single parents.
Health insurance has Hospital cover and Extras cover, which can be purchased individually or together. Hospital cover helps pays the high costs associated with various in-hospital services, while Extras covers help with non-hospital healthcare such as dental, physio and optical.
Qantas Insurance often has lucrative sign-up offers that exceed 100,000 points, if various joining conditions are met. This usually involves taking out top-level hospitals and extras cover.
What is Qantas Life Insurance?
Life insurance is designed to protect your loved ones financially in the unfortunate event of your death. Underwritten by TAL, there are three other related insurances you can opt for including:
- Total Permanent Disability Insurance: Financial relief if you become totally and permanently disabled and can’t work
- Trauma Insurance: Financial ‘breathing space’ to adapt to life if you become critically ill or injured
- Income Protection Insurance: Pays a portion of your income to keep the household running smoothly in case you have an injury or illness and can’t work.
These services can all be rolled together into one monthly premium if desired. Qantas does occasionally offer bonus sign-up points for its range of life insurances if a minimum monthly premium (e.g. $300) is met.
What is Qantas Car Insurance?
Qantas members can earn Qantas points when they take out a Qantas Car Insurance policy, as well as complete various tasks that relate to their car insurance such as maintenance.
As usual, there’s a sign-up bonus awaiting new customers to Qantas Car Insurance, which is pegged at up to 20,000 Qantas Points for the foreseeable future, depending on the annual premium.
You will earn 1 Qantas point per dollar spent on your premium, with no cap on the number of points that can be earned.
A further 1,600 additional Qantas Points can be earned when members complete various car safety challenges through the Qantas Wellbeing App. These include checking tyre pressures, the safety of their brakes, and when they book their car in for a service.
Points can be earned on three types of products, which are:
- Third-Party Property, Fire and Theft
- Third-Party Property only
What is Qantas Travel Insurance?
Travel insurance is a necessity for anyone travelling overseas, as medical bills can quickly balloon out of control in the event of an incident. But Qantas Insurance also offers domestic coverage as well, tailored more towards insuring against delays and cancellations.
Underwritten by XL Insurance Company, there are three types of single-trip policies are available:
- Australian Comprehensive
- Australian Baggage and Cancellation
- International Comprehensive
On the Australian and International Comprehensive policies, you could earn 1 Qantas Point per dollar spent on premiums.
In addition, Annual Multi-Trip cover is offered for high flyers who want 12 months coverage of unlimited trips, each up to 60 days maximum. This too will earn 1 Qantas Point per dollar, plus a 1,000 point sign-up bonus.
The program currently covers individual member accounts only, however, Qantas has indicated that this could be expanded into Qantas Business Rewards at some future point.
Through the Qantas Wellbeing App, up to 5,000 bonus Qantas Points can be earned by Annual Multi-Trip policyholders who complete various daily and weekly fitness challenges.
What is the Qantas Wellbeing App?
You will have noticed the Qantas Wellbeing App is mentioned often with each insurance product. It’s a companion app of sorts, designed to complement a range of Qantas products and services.
The Wellbeing App awards small amounts of points for doing various tasks, including meeting daily and weekly step counts, challenging people for fitness goals, and completing simple health assessments.
All Qantas Members are offered a 28-day trial when they download the app, which allows them to earn up to 1,000 Qantas Points without having to purchase an Eligible Qantas Insurance product.
Once the trial has ended, Qantas Frequent Flyer members who purchase an Eligible Qantas Insurance product can earn up to 20,000 Qantas Points each year by completing activities in the App.
(If you do not purchase an Eligible Qantas Insurance product, you can still earn Qantas Points at a reduced rate — up to 2,000 Qantas Points each year.
There are a number of ways you can earn points through the Wellbeing App, which include:
- Completing daily and weekly challenges
- Competing against other users in a weekly Friends Step Challenge
- Inviting friends to become Qantas Wellbeing App users
- Completing Master of Rings Challenge for Apple Watch users
- Logging and following healthy sleeping habits
- Completing various tasks such as health and car checks
Over a number of years, Qantas has steadily been venturing outside their traditional airline industry to enter into new markets via their Qantas Loyalty division.
The insurance industry is one that it has clearly focused on during this time, with the Qantas Insurance arm now offering a wide range of products. The major missing link to date is Home and Contents Insurance, which could be due to debut in late 2020.
The ability for Qantas members to earn points on these products is welcome. See our Qantas Deals page to see if there are any current offers, including large sign-up promos.
The Qantas Wellbeing app is innovative and allows Qantas Points to be earned by all members, Qantas Insurance policyholders or not, albeit in very small quantities. If it encourages more people to exercise, then it would have done its job.
As always, make sure to shop around and compare premiums before deciding to take out cover, and never let Qantas Points be your sole decision driver. But if their products stack up for your personal situation, then the points become the icing on the cake.
Frequently asked questions
Qantas Health Insurance is currently underwritten by NIB.
Yes, Qantas introduced its own car insurance product in 2019.
Not presently. Qantas’ home insurance product is slated to arrive by the end of 2020.
Previous content written by Daniel Scibberas.