Market Comment 22nd Feb 2010 PDF Print E-mail
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Written by TrigoldCrystal Marketing Manager   
Friday, 26 February 2010 00:00

Some Facts about Private Medical Insurance

  • The average annual premium is between £700 and £900
  • Providers pay up to 55% commission with 5% trail payments
  • Only 10% of the population has any form of Private Medical Insurance
  • "Moratorium” ie “fast track” applications only contain 4 medical questions
Help us help you?
We were thinking of starting this piece with the usual ‘times are tough’, 'brokers need to diversify' type statements; the kind of thing that is trotted out time and time again in the press. Then we thought we could just skip over these hackneyed statements cut to the chase:
"Are you interested learning more about the opportunities Private Medical Insurance can give you as an advisor?"
The reason we ask, is that the leading Private Medical Insurance providers are very interested in working with us in developing a brand new PMI sourcing and quotation engine specifically for professional advisors. All we need to do is to conduct at little research to show that professional advisors are interested in this product.

As you can see above, the potential earnings for advisors are great and the market potential is huge.

We would be extremely grateful if you would take two minutes of your time to take our (short) PMI survey to show providers the attitude of advisors on doing more with this product and the support that is out there to get advisors more involved with it.

Click here to take the survey (it’s only ten questions…)

Oh, and you could win an iPod Nano too….
Last Updated on Monday, 01 March 2010 15:34