Finance & Insurance MLM / Referral
Network-marketing structures for financial products, insurance, lending, investment, savings cooperatives. Regulated heavily and requires careful structure.
What this actually covers
- Insurance agency networks, agents recruit sub-agents, earn overrides (classic structure, legal in most countries)
- Financial product referrals, refer clients to loans, credit cards, investment products
- Savings cooperatives / chit funds, member-to-member structured savings (regulated per jurisdiction)
- Multi-level financial education, training programs with tier commissions
⚠️ What we WON'T do
- Ponzi schemes, no "guaranteed X% ROI" with no underlying product
- Unlicensed securities, no crypto-token-MLMs that are really unregistered investments
- Pure money-chains, if there's no real financial product, we decline
Regulatory landscape
- USA: SEC, FINRA, state insurance regulators
- UK: FCA
- EU: MiFID II for investment products, IDD for insurance
- India: IRDAI for insurance, SEBI for investments, RBI for deposits
- We'll coordinate with your legal counsel during design
Cloud MLM features for this vertical
- Heavy KYC (Jumio/Onfido/Persona)
- Suitability / fitness testing for members
- Continuous licensing / training compliance tracking
- Integration with underwriting systems
- Commission clawback (for refund / policy cancellation)
- Audit trails for regulator reviews
Real deployments
- Latin America savings cooperative: 85k members, custom Board + Unilevel hybrid, passed BACEN regulatory review
- India insurance agency: 45k agents, Unilevel with IRDAI-compliant commission caps
- UK independent financial advisor network: 3-tier referral, FCA-registered members only