Qantas Travel Insurance - so uncompetitive

[Mattg]

When I'm looking for travel insurance, I usually get a quote from Qantas Travel Insurance. I figure that if the price is reasonable, I might as well earn a few Qantas points. But every time I get a quote, it's way higher than pretty much every other travel insurance provider. Like, often double the quotes I'm getting from other insurers for a comparable single-trip policy.

Am I missing something or is Qantas Travel Insurance just really uncompetitive when it comes to price?

 

[Human]

That’s exactly my experience. I always get a quote on the off chance, but it’s never even close to competitive.

 

[RooFlyer]

Same with their health insurance.

 

[aikman]

I can't say that I associate anything with a Qantas brand on it as being price competitive.

 

[levelnine]

What you'll find with all these products is you are buying points at a minimum of 0.5-1c/pt.

For example, the home insurance product is just a white label product from Auto & General. Put in the identical details with another of their brands, such as Budget Direct, and you'll get the exact same product and the price difference will be equivalent to buying points at about 0.5c/pt rate (last time I checked — may have gone up).

It's even worse with some products, as you've found.

 

[SYD]

As mentioned on another thread, we “renewed”* the QF annual multi-trip again. It was actually cheaper than last year, and one of the few that did 45d trips.

Agree, the single trip price (not just QF) are huge and make a multi-trip a no brainer if travelling regularly.

Quite some time ago, there used to 20% to 30% off discounts with eDine and some of my Professional membership benefits programs.

*technically, it’s not a renewal, just take out another policy to provide contiguous cover.

 

[MEL_Traveller]

As mentioned on another thread, we “renewed”* the QF annual multi-trip again. It was actually cheaper than last year, and one of the few that did 45d trips.

Agree, the single trip price (not just QF) are huge make a multi-trip a no brainer if travelling regularly.

Quite some time ago, there used to 20% to 30% off discounts with eDine and some of my Professional membership benefits programs.

*technically, it’s not a renewal, just take out another policy to provide contiguous cover.

Interesting! QF for an annual multi-trip came in at $688. The cheapest was AHM at $627. So very competitively priced for annual!