CO-19 Initiative Terms and Conditions

Two Years Commission upfront terms and conditions 

 

Offer available for policies sold between 16th April and 31st July 2020. Offer available to new Uinsure policyholders (please note if your customers has held a Uinsure policy in the last 12 months then the payment terms will revert to single-indemnity).

You are opting to receive double the amount of Commission in the first year of the Policy in lieu of receiving Commission in the first year of renewal of the policy.

Commission from the second renewal onwards (year 3) will revert to single indemnity terms at the same commission rate.

If a Two Years Commission Commission upfront of £100 is paid to you for a policy, and that policy is cancelled 6 months into its first renewal (18 total monthly payments received), then a commission clawback would result in a clawback of £25, being 6/24ths of £100.

Current Insurer Cancellation Fees reimbursement terms and conditions

How to get your current Insurers cancellation fee reimbursed.

1. Take out a Uinsure Home Insurance or Buy to Let Insurance policy between 16th April and 31st July 2020 (inclusive).

2. Make two monthly payments by Direct Debit. The Cancellation fee will be paid into the same bank account as your Direct Debit within 30 days of your second payment

3. If you pay for your policy in one annual payment you will receive the cancellation fee reimbursement within 60 days of the start date

What else you need to know: 

You must always act in the best interests of the customer, which may not always mean that switching is the right course of action for them.

- You must send us a copy of your current Home Insurance Certificate or Schedule detailing the fee payable, together with your policy number to cancellationfees@uinsure.co.uk to claim your reimbursement

- The cancellation fee reimbursement will not count towards your monthly premiums.

- The reimbursement won’t be paid if you cancel the Uinsure policy within 60 days of the start date

- We can withdraw this offer at any time

- This cannot be combined with any other offer or promotion

 

You must always act in the best interests of the customer, which may not always mean that switching is the right course of action for them.