The insurance benefits look identical to those of the Centurion card. Making me believe this card will be invite-only for those with high spend.
I think this is what Mark Nasr was referring to in the Miles and Bling chat the other day, when mentioned that premium credit cards will give higher status through high spend.
No, that comment was in reference to earning 1k SQM per $5000 (or $10000) spent.