Trail commissions are built in
Trail commissions are typically around 20% of your annual premium - built into your policy regardless of whether you have active adviser support.
TRANSFER & SAVE
Your life insurance policy is probably paying an adviser commission. Are you getting any of it back?
If your policy was set up through a financial adviser, it almost certainly includes an ongoing commission - typically around 20% of your premium every year. Transfer to Keep and we return at least 50% of it to you as cashback. No change to your cover. No underwriting.
The problem
You may be paying for an adviser who's no longer there
Over the past five years, nearly half of all financial advisers have left the industry - leaving around 100,000 life insurance policies without an active adviser. If yours was one of them, the commission on your policy didn't disappear. It's still being paid. Just not to you.
Even if your adviser is still around, there's no obligation to keep paying them a commission if they're no longer actively supporting you. A simple transfer to Keep redirects that commission (which is often around 10% of premium) back to you.
Keep returns at least half
Keep returns at least 50% of that commission to you - that's around 10% of your premium back every year.
A simple transfer
Transferring takes three steps and we handle everything. Your cover continues without interruption.
Transfer process
How the transfer works
Three steps. We handle the paperwork. Your cover never lapses.
- 1
Enter your policy details
Complete our online form in a couple of minutes.
- 2
We handle the transfer
Keep notifies your insurer and processes the transfer on your behalf. Most transfers complete within a week or two. No sales calls - we only contact you if we need something.
- 3
Cashback starts
From your first premium payment with Keep, we collect the trail commission and return at least 50% to you - paid quarterly directly to your bank account.
Savings calculator
See how much you could get back
Enter your current premium and commission rate to see your estimated annual cashback. If you're not sure of your commission rate, 20% is the typical figure for an existing policy - you can check your Statement of Advice or call your insurer to confirm.
Estimated annual cashback based on your numbers
Adjust for your actual commission rate
Works for any premium frequency
Ready to stop leaving money on the table?
Transfer in minutes. No underwriting, no change to your cover, no phone calls required.
Eligible cover
Which policies can be transferred?
Keep can accept transfers on most retail life insurance policies sold through a financial adviser. That includes:
Life cover
Pays a lump sum to your beneficiaries if you pass away - the core protection for your family's financial security.
Total & permanent disability (TPD)
Pays out if a permanent disability prevents you from working - covering medical costs, home modifications, and ongoing expenses.
Income protection
Replaces up to 70% of your income if illness or injury stops you working - keeping your household running while you recover.
Trauma insurance
Pays a lump sum on diagnosis of a serious illness - giving you financial breathing room when you need it most.
Not sure if your policy qualifies? Start the transfer form and we'll confirm before you commit to anything.
Member stories
What Keep members say
"It wasn't until I signed up with Keep and transferred my policies - with no changes to cover and no underwriting - that I found out I could save 20% on my premium. It's allowed me to keep my life cover for longer than I would have otherwise, and I feel great about that security for my family."
"Keep was extremely helpful and organised a smooth transition from my previous broker. The commission returns are significantly more than what others are offering. Very happy with the service - would highly recommend."
Frequently Asked Questions
How do I know if my policy includes adviser commissions?
Most retail life insurance policies include an ongoing trail commission of around 20% of your annual premium - whether or not you have an active adviser. If your policy was set up through a financial adviser at any point, it almost certainly includes a commission. Use the calculator above to estimate how much is built into yours.
What happens to my commissions if my adviser has left?
If your adviser left the industry or is no longer supporting you, the commission on your policy may be sitting uncollected or reverting to the insurer. Either way, it's not coming back to you. Transferring to Keep redirects that commission - and we return at least 50% of it to you as cashback from your first payment.
What if I still have an active adviser?
If you're receiving ongoing advice and support from your adviser, transferring to Keep means they would no longer receive commission from your policy. That's a decision worth considering carefully. If your adviser is no longer actively supporting you, there may be no good reason for the commission to keep being paid to them.
Will my cover change when I transfer?
No. Your policy, insurer, and level of cover stay exactly the same. Keep simply becomes the servicing adviser on your account. There is no underwriting, no new application, and no gap in your protection.
How long does the transfer take?
Most transfers are completed within a week or two. Some insurers require a signed transfer authority form - we'll let you know if yours does and guide you through it. You won't need to contact your insurer directly.
How do I manage my policy after transferring?
Once transferred, you'll have full access to your Keep member dashboard - a single place to track your cashback, review your cover, manage renewals, and get support if you need it.
Does Keep charge any fees?
No. Keep earns by retaining a portion of the adviser commission - we only make money while your policy is active. There are no setup fees, no advice fees, and no exit fees.
Transfer your policy and start getting money back
Same cover. Same insurer. Around 10% of your premium back every year.