Insurance technology provider Uinsure has extended its initiative to provide two years’ commission upfront for advisers, to support them during the COVID-19 pandemic.
This aimed to help advisers’ cashflow, allowing them to receive the first two years of their commission (average £144.20) for new Uinsure general insurance (GI) policies upfront.
For the third year of the policy remaining active, it reverts back to the normal commission arrangement.
The offer was originally due to end this week, but has been extended to 30 June 2020.
Uinsure is also offering to pay clients’ cancellation fees for their existing insurers if they switch to a Uinsure 5 Star insurance policy.
It is also rewarding NHS workers with £30 cashback on their GI policies as part of its ‘Thank You NHS’ initiative.