Commission rates for intermediaries selling private medical insurance (PMI) to small businesses have...
Commission rates for intermediaries selling private medical insurance (PMI) to small businesses have been increased by BUPA. From May this year, all community-rated schemes provided by the insurer will earn advisers 14% for new business and 5% for renewals. Steve Flanagan, sales director at BUPA UK membership, said: 'The improved commission rates mean intermediaries can earn more. It also means that commission rates for BUPA intermediaries have been streamlined with one level for new business and renewals. '