Sign up for the broker service fee today

You can earn the service fee as follows:

• An upfront fee of R100 for every vehicle that gets a valid score for the first time
• Up to 5% of the vehicle premium monthly for every vehicle that gets a valid score for that month. The monthly fee is based on the vehicle's Vitality Drive status as follows:

Here is an example of how a typical broker can earn the service fee:

Service fee example

Broker A has a client who has vehicles on the Vitality Drive for Business programme. Let's consider one vehicle from the client's fleet. The vehicle has a monthly premium of R2 000, achieves a valid score during the plan year and achieves Diamond Vitality Drive status for every month during the plan year.

For this vehicle alone, the broker will get a service fee (payable by Discovery Telematic Services) as follows:

• They will get R100 upfront for the first time the vehicle receives a valid score.
• In addition, they will get 5% × R2 000 × 12 = R1 200 for the plan year (since the vehicle is getting a valid score every month).
• Therefore, the broker will get a service fee of R1 300 for the plan year for one vehicle.

If the broker has:

• A total of 10 clients who have a combined 100 vehicles on the Vitality Drive for Business programme
• And those vehicles also achieve Diamond Vitality Drive status each month during the plan year
• And they each have a monthly premium of R2 000.

This broker would get the following total service fee for the plan year for the 100 vehicles:

• Total service fee = R1 300 × 100 = R130 000

You must follow the process below to sign up for the service fee:

Process to sign up for the service fee

• To start earning the service fee, you must complete a contract with Discovery Telematic Services (DTS) and attach the following supporting documents:
  • Latest Companies and Intellectual Property Commission (CIPC) documents, showing the current active company directors
  • Proof of banking details
  • Proof of VAT registration.
• The service fee contract is available from the key Discovery relationship manager with the broker house.
• Once signed, you can send the contract and supporting documents to Intermediary_Contract_Queries@discovery.co.za.
• We will keep you updated on the progress and will let you know when the contract has been finalised.
• If you have queries, you can email us at VDServicefee@Discovery.co.za.