Bupa has increased its commission rates for its corporate, small company and personal business cash plan schemes.
Brokers selling corporate schemes to companies with ten or more registrations can now earn 20% commission on new business and 5% commission on renewals.
Schemes sold to small companies (fewer than ten registrations) and personal clients through independent financial advisers are paid 20% in commission on new business.
The marketing literature has also been improved for the personal and corporate schemes.
Personal policies include a detachable application form and direct debit mandate which allows potential customers to purchase directly without having to apply for and complete an application form.
Two of Bupa's cash plans are unique: cash help towards fertility diagnostic tests and occupational therapy/dietetic consultations.
Keith Cunningham, managing director of Bupa Cash Plan said: “As more people become aware of the great value healthcare and cash plans offer, intermediaries will be able to reap the rewards.”
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
