Welcome to Cover Options

Would you like to earn additional income at the click of a button?

Cover Options is an exciting and unique new proposition that makes it easy for you to offer clients superior general insurance products, whilst simultaneously earning significantly enhanced commissions.


Our referral process means that with the minimum of effort you can start earning additional income from referring each of your clients and allowing our telesales department to quote from a leading panel of buildings and contents providers.


It takes just two minutes to earn over £60. Clents will remain the property of the referring broker and we 100% guarantee no cross sales.

Commission Calculator

Looking for a guide for the commission you could earn? Simply tell us the number of referrals you will make on a monthly basis and our handy calculator will calculate it for you.


*Commission is paid monthly on a non-indemnity basis.


monthly

per year

Number of policies written

120

Monthly Premium

£29

£348

Cover Options Comm (minus IPT)

20%

Ave Comm to broker
£62.64

Paid

API

Broker Earnings

1st YEAR (less 10% Abandons)

£37,584

£7,517

2nd YEAR (less 10% Lapse rate)

£71,410

£14,282

3rd YEAR (less 10% Lapse rate)

£101,853

£20,371

4th YEAR (less 10% Lapse rate)

£129,252

£25,850

5th YEAR (less 10% Lapse rates)

£153,911

£30,782

6th YEAR (less 10% Lapse rate)

£176,104

£35,221

7th YEAR (less 10% Lapse rate)

£196,078

£39,216

Total Earned =

£173,239

Average Earning per year =

£24,748