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:

insurance servicing its community

The traditional insurance model is built on conflict of interest.
The less they compensate your claim, the more they make money.
We don’t like that very much so we preferred a more transparent model.

Here’s your premium.
You pay it monthly.

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

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

    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

and choose your charity.

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.

We support these projects

Your’re a charity? 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.

We are a company with a positive impact.

The BCorp certification labels companies that meet strong environmental and societal requirements.

When Luko was founded, it was obvious to us that there was no point in creating a company today that would not have a positive impact on society.

Join the mouvement

Some will say that we are idealists. On the contrary, we have decided to bet on the best of everyone.

We designed Luko with the ambition to make insurance positive and useful, for you and for our society. The larger Luko’s community is, the stronger our impact will be!

Illustration boxes Luko

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

Join us
Illustration peace of mind Luko