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:
‘Earn up to £428 per customer’
‘The Eleos solution maximises your ROI’
‘Eleos is the UK’s first and only fully digital insurance provider’
‘Our expert team will take your developers through every step of the white-labelled and embedding process’
‘Our product has no set up costs’
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
‘Our partners benefit from our FCA Compliance’
‘Go live within a week’
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 partner’s side, in addition to the length of time it will take to build. The time this takes varies depending upon the partner.
‘Buy insurance digitally in minutes’
‘If you need any help, contact our customer service team 9am-6pm Monday to Friday’
‘Get unlimited help - no hidden costs, customer support is completely free’
‘Talk to us your way - email, WhatsApp, phonecall’
Here is what our customers say [customer quotations]
‘4.9 star rating’
‘Sign up today and get your first 3 months back!’
Flexibility to increase or decrease coverage
Life Insurance Payout is Tax Free
‘First 3 months back’
‘An easy-to-use dashboard to manage your policy and start a claim’
‘Plus these extra benefits when you join the Eleos club:
- Cashback every time you buy from popular brands
- 24/7 remote access to GPs
- Free mental health support service
- 20% discount at Nuffield Health gyms
- £6,000 of life insurance (for Income protection product only)
‘Life insurance with Eleos can cost as little as £5 a month’
‘The average premiums in 2024 are:
£9.71 a month for single cover
£16.84 a month for joint cover’
These claims are based on independent research conducted on behalf of online insurance broker: https://iaminsured.co.uk/guide/average-cost-of-life-insurance/