This is worth $100 in groceries at Woolworths.
I also tried the long running CARX03 code which is marked as expired and it also worked and gives you an e-gift card.
I received comprehensive quote for less than $350 using drive less pay less option, so essentially less than $250 premium after receiving bonus points.
You also get 10% off groceries a month.
According to the T&C, the points are given within 45 days and the e-gift within 30 days after payment of the first premium.