Eleos

Eleos

Income protection insurance with extra benefits for mental wellbeing, regulated by the Financial Conduct Authority. Learn more

Financials

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Revenues, earnings & profits over time
USD2023
Revenues<1m
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DateInvestorsAmountRound
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$750k

Seed
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$4.0m

Seed
Total Funding$4.8m

Recent News about Eleos

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Eleos Life Limited is a UK-based company specializing in income protection insurance, offering additional benefits aimed at improving mental wellbeing. The company operates in the insurance market, primarily serving individuals seeking financial security in case of illness or injury that prevents them from working. Eleos Life's business model revolves around providing online insurance policies that are approved within minutes, ensuring a seamless customer experience. The company generates revenue through the sale of these insurance policies, which are regulated by the Financial Conduct Authority (FCA). Additionally, Eleos Life offers discretionary benefits such as gym memberships and mental health programs accredited by the National Institute for Health and Care Excellence (NICE), enhancing the overall value proposition for its clients. These extra benefits are provided at no additional cost but can be withdrawn with six months' notice. Eleos Life prides itself on its independence and commitment to doing things differently and better, backed by over 20 years of industry experience. The policies arranged by Eleos Life are also protected by the Financial Services Compensation Scheme (FSCS), adding an extra layer of security for policyholders.

Keywords: income protection, mental wellbeing, FCA regulated, online approval, discretionary benefits, gym membership, NICE accredited, independent company, FSCS protection, insurance professionals.