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Boost for Bupa PMI commission

Bupa is increasing commission to intermediaries selling private medical insurance to small employers, with new business generating 14 per cent commission and 5 per cent for renewals.

The improved rates are payable from May. The decision to increase commission follows feedback from intermediaries who had been unhappy with Bupa&#39s previous flat-rate structure which did not increase commission as premium prices rose with inflation.

Bupa says it pays out about £2.2m a week in claims to over 32,000 small businesses.

The move follows the launch of Bupa Wellbeing, the employee assistance programme targeting firms with fewer than 10 employees. The programme gives staff access to an advice line for medical, divorce and legal problems.

UK sales director Steve Flanagan says: “A member of staff taking time off due to illness can affect everyone, with the impact being even harder in the small company environment.”

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