AXA Offers A Discount To RACV Members

There is no such product as RACV Life Insurance however from today RACV members can receive a 5% discount on their life insurance policies issued by AXA Australia.

The 5 per cent discount applies to both the premium and plan fee for all new business products and options from AXA's Elevate Life Insurance, Trauma Cover and Total and Permanent Disability (TPD Insurance) product suite. The offer is part of RACV's 'Show Your Card & Save' program, which gives members discounts on a variety of goods and services.

What doesn't the discount apply to?

This 5 per cent discount does not apply to:

  • AXA's Elevate Income Protection Insurance products
  • Business expenses insurance
  • Conversions/replacements of existing AXA insurance products

The discount cannot be used in conjunction with the AXA Workplace Rewards and Family programme.

Who can apply for the discount?

The offer is open to current RACV members, including RACV employees, and their partners. The discount will apply if:

  • the RACV member is the plan owner
  • the RACV member is the life insured, or
  • the RACV member's spouse/life partner is the life insured.

Just provide your RACV membership number and you will be automatically eligible for a 5% discount on AXA Australia Life insurance products.

How long does the discount last?

The discount is applied when you first take out the new insurance and it remains in place for the life of the plan. This means that you can add options to or increase cover for that plan at the discounted rate during the life of the plan.

If the your RACV membership lapses or the AXA and RACV relationship ends, the 5 per cent discount may be reduced to zero over a period of time.

What about existing AXA clients?

Existing AXA Australia clients who take out additional cover as a new plan will be eligible to receive the 5 per cent discount on the new plan. However if you increase your cover or add options to an existing plan you will not be eligible for the discount.

Compare Life Insurance with Rate Detective

As always, don't forget to shop around for your life insurance. There might be a company which offers better and cheaper life insurance product for your particular situation. Here at Rate Detective we compare up to 10 life insurance companies in Australia (AXA Australia included), so please call us on 1300 793 143 or fill out the form on this page and our friendly adviser will help you out.

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Published on November 11-th, 2010 in Life Insurance
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.

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