Enhanced Indemnity
Enhanced Indemnity commission maximises the commission you can earn over the first two years, helping to boost your upfront income stream.
How does it work?
Enhanced Indemnity pays you 45% in year 1 then converts to annual advances of 15% from year 2 onwards - that's 60% over the first 2 years.*
| Year |
Earnings |
Upfront Earnings |
| Year 1 |
45% |
60% over first two years |
| Year 2 |
15% |
| Year 3 |
15% |
|
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Fair Clawback Structure
The year 1 commission payment of 45% effectively advances your year two commission hence this has a two year clawback period (see diagram below). However we operate a fair straight-line clawback process which means that even if a policy performs below average and cancels in the first two years, you keep the commission that you've already earned.
View Clawback Examples
Ready to switch?
If you're Directly Authorised and interested in changing your commission structure to Enhanced Indemnity please complete our online transfer request form.
If you're an Appointed Representative and interested in changing your commission structure to Enhanced Indemnity, please consult with your Principal's Head Office. If they have agreed that you can opt for Enhanced Indemnity commission, you can register your request with them.
Remember what makes our commission structure even more flexible is it's easy to switch to Enhanced Indemnity. Plus our other commission options will remain available to you.
If you'd like to speak to us to discuss which of our commission options is right for you please contact your Account Managers.
* Please note: The commission percentages shown, are based on our standard commission rate of 27.5%. Commission rates may vary, therefore your commission percentage could be higher or lower than shown in the example.
This page is intended solely for the attention of Directly Authorised or Exempt Firms as defined by the Financial Services Authority.