How it works

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
1	45%	60%
2	15%	0%
3	15%	15%

The commission percentages shown are based on a commission rate of 27.5%. Commission rates may vary, therefore your commission percentage could be higher or lower than shown in the example.

Fair clawback structure

Your 1st year 45% commission payment includes your year 1 payment and an advance of your year 2 payment.

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 you've already earned.

It's easy to switch to Enhanced Indemnity. Plus our other commission options remain available to you and you can switch back at any time.

Eligibility

If you're Directly Authorised and interested in changing your commission structure to Enhanced Indemnity please request a callback and a member of the team will be happy to talk through your options.

If you're an Appointed Representative and interested in changing your commission structure to Enhanced Indemnity, please contact your Network Principal.

How it works

Double Indemnity pays you 50% in year 1 then converts to Annual Indemnity at 27.5% from year 3 onwards.

Year	Earnings	Upfront Earnings
1	50%	50%
2	0%	0%
3	27.5%	27.5%

The commission percentages shown are based on a commission rate of 27.5%. Commission rates may vary, therefore your commission percentage could be higher or lower than shown in the example.

It's easy to switch to Double Indemnity. Plus our other commission options remain available to you and you can switch back at any time.

Eligibility

If you're Directly Authorised and interested in changing your commission structure to Double Indemnity please request a callback and a member of the team will be happy to talk through your options.

If you're an Appointed Representative and interested in changing your commission structure to Double Indemnity, please contact your Network Principal

How it works

Initial Indemnity pays you 27.5% upfront in year 1 then further 12 months advances of commission at 27.5% from year 2 onwards.

Year	Earnings
1	27.5% paid upfront in month 1
2	27.5% paid monthly in arrears
3	27.5% paid monthly in arrears

The commission percentages shown are based on a commission rate of 27.5%. Commission rates may vary, therefore your commission percentage could be higher or lower than shown in the example.

It's easy to switch to Initial Indemnity. Plus our other commission options remain available to you and you can switch back at any time.

Eligibility

If you're Directly Authorised and interested in changing your commission structure to Initial Indemnity please request a callback and a member of the team will be happy to talk through your options.

If you're an Appointed Representative and interested in changing your commission structure to Initial Indemnity, please contact your Network Principal.

How it works

Annual Indemnity pays you 27.5% upfront in year 1 then further 12 months advances of commission at 27.5% from year 2 onwards.

Year	Earnings	Earnings in first 2 years
1	27.5%	55%
2	27.5%	0%
3	27.5%	27.5%

The commission percentages shown are based on a commission rate of 27.5%. Commission rates may vary, therefore your commission percentage could be higher or lower than shown in the example.

It's easy to switch to Anual Indemnity. Plus our other commission options remain available to you and you can switch back at any time.

Eligibility

If you're Directly Authorised and interested in changing your commission structure to Annual Indemnity please request a callback and a member of the team will be happy to talk through your options.

If you're an Appointed Representative and interested in changing your commission structure to Annual Indemnity, please contact your Network Principal.

How it works

Monthly Commission pays you a percentage for any monthly premium we receive, excluding IPT, charge for credit and the policy admin fee, where payable, in arrears in month 1, followed by further monthly payments in arrears.

It's easy to switch to Monthly Commission. Plus our other commission options remain available to you and you can switch back at any time.

Eligibility

If you're Directly Authorised and interested in changing your commission structure to Monthly Commission please request a callback and a member of the team will be happy to talk through your options.

If you're an Appointed Representative and interested in changing your commission structure to Monthly Commission, please contact your Network Principal

When you decide to retire, what are your options?

You could:

• Sell your business or
• Sell your customer book to another professional intermediary

But this isn't always possible for everyone, so we've developed an easy and bespoke third option.

Retirement Buy-Out offers you benefits from your hard work with minimal hassle. We provide you with a cash lump-sum on retirement, in place of the future income from your existing portfolio of policies with Paymentshield.

We’ll make sure your Paymentshield clients are well taken care of by transferring their business to us.

We’ll handle the transfer for you, ensuring your clients are informed and the transfer goes smoothly - it's that straightforward!

Eligibility

To qualify for a Retirement Buy-Out, you must:

• Be currently authorised with the FCA
• Be the Principal of the firm
• Have a current portfolio of Paymentshield policies
• Haven't previously sold your mortgage / life book

This offer is open to all Directly Authorised firms.

Appointed Representatives eligibility is dependent on agreement from your Network Principal.

If you'd like more information on Retirement Buy-Out please request a callback and a member of the team will be happy to talk you through your options.