Get 10,000 Virgin Flying Club miles with (potentially cheap) Virgin Money life insurance

Links on Head for Points pay us an affiliate commission. A list of our partners is here.

Virgin Money has launched a bonus miles offer with its life insurance policies.

Until 7th August Virgin Atlantic Flying Club members who take out a life insurance policy will receive 10,000 Flying Club miles.

The key things you need to know are:

The minimum premium seems to be £6 a month for a level term policy

The 10,000 Virgin Flying Club miles are awarded up to 60 days after the sixth consecutive monthly payment

You must be a Virgin Flying Club member

You must be a UK resident and over 18 years old

This offer is for new customers only

One offer per person – joint policies receive the same 10,000 miles

The application website is here. You can also apply by calling 0800 0728870.

Virgin Money life insurance policies come with various perks including access to the Virgin Money lounges.

Virgin Money’s website gives the following price example:

“Virgin Money Life Insurance from £6 per month. Based on a 30 year old non-smoker purchasing single level-term £202,000 cover for 10 years. Prices correct as of May 2018.”

If you qualify for the cheapest monthly payment of £6, you need to pay at least £36 to receive the 10,000 Flying Club miles.  This assumes you are happy to cancel before the miles arrive, as that may take an extra 60 days as per the rules.

You will in this case receive 10,000 Flying Club miles for your £36 of premiums.  0.36p per Flying Club mile is a pretty good deal indeed ……

The downside is of course the paperwork you need to complete.  Depending on your health, and based on experience with Tesco Bank life insurance promos in the past, you may also be asked to have a medical examination before being accepted.

The closing date for applications under this offer is 7th August, so you have over a month to decide whether you want to take out a life insurance policy with Virgin Money.

How to earn Virgin Atlantic miles from UK credit cards

As a reminder, there are various ways of earning Virgin Flying Club miles from UK credit cards.  Many cards also have generous sign-up bonuses!

Click here to read our detailed summary of all UK credit cards which earn Virgin Flying Club miles.  That page is regularly updated with the latest special offers and will still be accurate even if you are reading this article months after publication.

(Want to earn more Virgin Flying Club miles?  Click here to see our recent articles on Virgin Atlantic and Flying Club and click here for our home page with the latest news on earning and spending other airline and hotel points.)

SOLD OUT: Get your HfP Summer Party tickets TODAY from 1pm - great Etihad raffle prizes confirmed!
Last day to earn miles from Virgin East Coast - and should you take miles or Nectar points from West Coast?
Click here to join the 13,000 people on our email list and receive the latest Avios, miles and points news by 6am.

IHG
Amazon ad
About Head for Points

We help business and leisure travellers maximise their Avios, frequent flyer miles and hotel loyalty points. Visit every day for three new articles or sign up for our FREE emails via this page or the box to your right.

Comments

  1. the real harry1 says:

    Raffles you’d better add something to the article, fella 🙂

  2. Simon Osborne says:

    Still cheaper than buying from virgin directly 10400miles is £135 so still effectively half price.

  3. James says:

    Forget the miles this is great value life insurance just got £250k cover for £14 pcm

    The lounges look really cool can’t wait to visit them

Please click here to read our data protection policy before submitting your comment.