AMEX Life Insurance - 20k pt Bonus

[Tiki]

Annual fee and points posted this morning! Do I have to keep it the whole year or if I cancel after 6 months do I get a partial refund? Either way it was $47 for 20k so I am happy, better than spending $6666 in a supermarket!

 

[Gold Member]

Don't forget to claim your life insurance as a tax deduction. Reduces total cost of rewards points per your marginal tax rate.

 

[Mr_Orange]

Don't forget to claim your life insurance as a tax deduction. Reduces total cost of rewards points per your marginal tax rate.

Funny value, are you sure?

Life insurance premiums would only be tax deductible if taken out within a Super fund.

 

[rock86]

Don't forget to claim your life insurance as a tax deduction. Reduces total cost of rewards points per your marginal tax rate.

Life insurance is not tax deductible, well there are specific cases where it is, but this is not one of them.

 

[WLGFlyer]

Applied on the 29th for a second policy on my second Amex - annual fee and 20k points posted on the 1st. Can't complain!

 

[cmon0005]

Tomorrow is my one month since signing up so hopefully the 1st payment is taken tomorrow..

 

[Steelite]

Does anyone know if this offer is still available? Keen to apply for it

 

[firstclasser]

Does anyone know if this offer is still available? Keen to apply for it

Yes.

I applied yesterday for a sup card on 2 accounts, and 2x 5000 points have already been posted to my account.

 

[perthjay85]

Yes.

I applied yesterday for a sup card on 2 accounts, and 2x 5000 points have already been posted to my account.

Thats not for this life insurance offer.that's for the supplementary cards isn't it .

 

[firstclasser]

Thats not for this life insurance offer.that's for the supplementary cards isn't it .

For sup cards. Life insurance you get 20k

 

[perthjay85]

For sup cards. Life insurance you get 20k

Steelite asked if the Amex life insurance was still on offer which it isn't
not about the supp cards, that's a different thread:
http://www.australianfrequentflyer....-rewards/5-000-bonus-points-adding-84191.html

 

[blacksultan]

Life insurance offer ended in July .

 

[firstclasser]

Steelite asked if the Amex life insurance was still on offer which it isn't
not about the supp cards, that's a different thread:
http://www.australianfrequentflyer....-rewards/5-000-bonus-points-adding-84191.html

Sorry, thought I was in the supp card thread :-|

 

[perthjay85]

Sorry, thought I was in the supp card thread :-|

Ah it's all good.
I've been there many many times.

 

[Dr Ralph]

Does anyone know if this offer is still available? Keen to apply for it

Ended last month.

 

[rock86]

Is this an offer they've done before?? Was a good deal and I just missed out due to not receiving my cards in time.

Have seen ANZ offer 10k bonus points at present, but it's a little more expensive and for half the points!

 

[cmon0005]

It's been 1month and 1 day since sign up still no sign of a pending payment on my amex card.. Hmm

 

[deva22]

It's been 1month and 1 day since sign up still no sign of a pending payment on my amex card.. Hmm

I signed up 21st June, first payment came out 25th July, saw points 27th July (but points transaction says 25th).

 

[djchuckles]

Is this an offer they've done before?? Was a good deal and I just missed out due to not receiving my cards in time.

Have seen ANZ offer 10k bonus points at present, but it's a little more expensive and for half the points!

Thanks - didn't know about the ANZ offer but just took that up - $9.40 per month x6 for 10k points. Given 8k points well get me a flight worth a minimum of $149 thats a good deal too (though as you say not as good as the Amex one!)

 

[WeeWillyWonka]

Has anyone signed up, received points, and cancelled the policy here? I've completed the first two and can't remember if, in order to retain the 20,000 point bonus, you need to hold the policy for a specified time.