Transparency Behind Our Marketing Claims
Last update: 30th April
At Eleos, we take transparency very seriously, especially when it comes to marketing communications about our insurance products and services. This page outlines our practices around collecting, using and protecting marketing data in line with FCA regulations.
If you have further queries about the data please feel free to contact us at help@eleos.co.uk.
Some stats to support our claims:
āEarn up to Ā£428 per customerā
āThe Eleos solution maximises your ROIā
āEleos is the UKās first and only fully digital insurance providerā
āOur expert team will take your developers through every step of the white-labelled and embedding processā
āOur product has no set up costsā
Our partners pay nothing to white-label or embed our insurance into their platforms. Their developers will need to spend some time setting up but there is no financial cost. Our partners pay nothing to white-label or embed our insurance product into their platforms. Their developers will need to spend some time setting up the desired journey.
Development time varies depending on the journey our partner selects:
White-label Integration: Just some front-end work on our partners end to display Eleos and send the customer to our platform. The only effort would be to build the URL with the necessary query parameters.
White-label + Notification Integration: Same as previous one but Eleos notify via webhook to the partner about the user progress. This requires more work on the partner side to have an endpoint that we can call with information about the customer progress.
Embedded Integration: This requires the partner to build everything on their side. We only offer the APIs to get quotes and apply to buy a policy.
āOur partners benefit from our FCA Complianceā
āGo live within a weekā
This claim refers to the speed with which we are able to complete the set-up process for our partners, provided they give us the information we need according to the schedule we set and depending on our partners chosen level of Eleos integration.
White-label Integration: If our partners build the URL and send the customer to us with no notification. It could be ready in under a week.
White-label + Notification Integration: For Eleos it takes under a week. Although, our partner will have to build the endpoint on their side to receive notifications.
Embedded Integration: Most effort is on the partnerās side, in addition to the length of time it will take to build. The time this takes varies depending upon the partner.
āBuy insurance digitally in minutesā
āIf you need any help, contact our customer service team 9am-6pm Monday to Fridayā
āGet unlimited help - no hidden costs, customer support is completely freeā
āTalk to us your way - email, WhatsApp, phone callā
Here is what our customers say [customer quotations]
ā4.9 star ratingā
Life Insurance Payout is Tax Free
āAn easy-to-use dashboard to manage your policy and start a claimā
āPlus these extra benefits when you join the Eleos club:
- Cashback every time you buy from popular brands
- 24/7 remote access to GPs with GoGP
āInvite a friendā
Referral Process
- Referrers can invite friends, family, or colleagues (āReferred Customersā) to join Eleos using their unique referral link or code.
- The Referred Customer must not be an Eleos Policyholder.
- The referral is considered successful when the Referred Customer signs up using the Referrer's link or code.
- The referral reward will be credited to the Referrer's account after the Referred Customer meets all qualification criteria, as below:
Qualification Criteria
To qualify for a referral reward, the Referred Customer must:
- Create a new Eleos account using the Referrer's unique link or code
- Complete their application journey
- Successfully set up an Eleos insurance policy, defined by setting up their subscription and paying the first premium
Referral Rewards
- Referrers will receive a Ā£40 voucher for each successful referral.
- Referred Customers will also receive a Ā£40 voucher, as specified in the referral invitation.
- Rewards are non-transferable and cannot be exchanged for cash.
āLife insurance with Eleos can cost as little as Ā£5 a monthā
āThe average premiums in 2024 are:
Ā£9.71 a month for single cover
Ā£16.84 a month for joint coverā
These claims are based on independent research conducted on behalf of online insurance broker: https://iaminsured.co.uk/guide/average-cost-of-life-insurance/