The Giveback: transparency at heart

Luko reinvents the insurance business model and offers a transparent system founded on mutualisation and redistribution. The goal ? For the interests of both policyholders and insurers to finally be on the same page.

Luko is B Corp certified

This certification attests to our social and environmental commitments and our efforts of transparency towards our customers.

The Giveback

The traditional insurance model is based on a conflict of interests.
The less they compensate your claim, the more money they make.
We really don't agree with that way of being, so we created a more transparent model.

  • 30% of your premium is dedicated to Luko's management costs: customer service, claims management, innovation, etc.

  • 70% is pooled with our other members’ premiums. If you ever file a claim, that pool will be used to compensate you.

  • If there’s money left at the end of the year,
    it’s donated to the charity of your choice. It won’t increase our profits.

  • 30% of your premium is dedicated to Luko's management costs: customer service, claims management, innovation, etc.

  • 70% is pooled with our other members’ premiums. If you ever file a claim, that pool will be used to compensate you.

  • If there’s money left at the end of the year,
    it’s donated to the charity of your choice. It won’t increase our profits.

What’s the purpose of Giveback?

For you

This is the end of conflicts of interest. We have nothing to win by compensating you less, we already took our cut.

For Luko

The Giveback system helps us reduce fraud and maintain fair prices.

For all of us

These funds support the charities in their missions and have a positive impact on society.

They talk about Giveback

  • 🙌 This year, my leftover money from my insurance premium didn't add to lining my insurers pockets, but was sent to @emmaus_defi instead, thanks to the #Giveback profit sharing principle from @getluko! https://t.co/Pv0k10bAX4?amp=1

    @hachim13015

    Hachim

    @hachim13015

  • Nice work giving leftover insurance premium money to the @Terre_Humanisme. Des gestes comme celui-ci on en veut plus souvent 🙌 We want to see more actions like these! 🙌 Thanks @getluko, I'm proud to be one of your clients. For more information: https://t.co/x8DbQGiq51?amp=1

    @LouisVDA

    LVDA

    @LouisVDA

  • Thrilled 😍💪 After taking only 5 mins @getluko insurance, the app asked me which charity I want my left over insurance premium money to get towards - was so happy to see I could choose @simplonco! ❤️

    @maxime_senecal

    Maxime Sénécal

    @maxime_senecal

We support these projects

Are you a charity? Or an individual who supports a charity?
We would be happy to learn more about your projects or discover charities we could work with.

Vote for your charity

The Giveback in numbers

Each year, we draw up the accounts and share them with our policyholders, in complete transparency.

2020

Over 4000€ given to Emmaüs Défi and Terre & Humanisme

See the 2020 report

2021

102 000€ given to our 4 partner charities

See the 2021 report

Your participation can make a difference.
Protect your home and become a Giveback player.