The Giveback, our commitment to redistribute

At the core of our business model, the Giveback consists of returning the money that wasn’t used to refund claims to charities. Simple, ethical and effective.

Join the movement

Luko is BCorp 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.

Get covered

What’s the purpose of Giveback?

For you

This is the end of conflicts of interest. We have nothing to gain 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 fom @getluko! https://t.co/Pv0k10bAX4?amp=1

Hachim

@hachim13015
Nice work giving leftover insurance premium money to the @Terre_Humanisme. cause. 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

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 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