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Old Nov 21, 2003 | 9:49 am
  #1  
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Miles for life insurance?

I've certainly seen lots of auto insurance mielage promos over time, but I don't know of any for life insurance.

Is it possible to earn miles on a life insurance policy?

Of course, such a policy may not wind up the most cost effective. But it might, and I'd want to get such a quote into the mix.

Thanks!
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Old Nov 21, 2003 | 10:00 am
  #2  
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KLM do a form of life insurance (meant for travellers - it pays out double if you die abroad), but I don't think it's a general form of life insurance. It's branded as a KLM product, resold from ACE Europe.

You get 2500 miles at sign-up, then 10 miles per spent.

However, it's not available in the US (nor are KLM FD accounts), so it's probably not a huge amount of use for you. It does show that this kind of thing exists, though...
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Old Nov 21, 2003 | 11:04 am
  #3  
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http://www.tescofinance.com/personal...eins/index.jsp

But then, this is also non-US. Clubcard points can also be converted into BA Miles, at 10x the number of Air Miles quoted.
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Old Nov 22, 2003 | 8:46 pm
  #4  
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As someone who works in the insurance industry, my advice is DO NOT choose a life insurer based on frequent flyer miles. There is too much at stake, in terms of premium amounts, flexibility, terms, etc. to consider such a trivial aspect of your choice.

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Old Nov 22, 2003 | 9:32 pm
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My insurer, USAA, won't take cc's for life policies. I have a supplemental AD&D policy thru AMEX and pay the monthly premium using an AMEX credit card.
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Old Nov 23, 2003 | 9:32 pm
  #6  
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I went through insweb.com to find a term life company who most certainly does allow credit card charges for the once a year premium. The company I use is Western Southern. Saved a ton of money compared to going through my employer too!
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Old Nov 23, 2003 | 9:36 pm
  #7  
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I went through insweb.com to find a term life company who most certainly does allow credit card charges for the once a year premium. The company I use is Western Southern. Saved a ton of money compared to going through my employer too!
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