Healthcare Practice Plc.
The Healthcare Practice Plc is a wholly owned subsidiary of WPA who are one of the UK's most respected health insurers. Healthcare Practice Partners advise on WPA’s products and services.
Investment Amount:
£0 - £10,000
Industry Sector(s):
B2B Franchises, Care Franchises, Health & Beauty, White Collar Franchises
Just Health Insurance. No Distractions.
Health insurance can be confusing, but the Healthcare Practice think it should be simple. Healthcare Partners provide their local communities with access to the sort of Healthcare that we want for ourselves and our families.
About The Healthcare Practice
The Healthcare Practice Plc have a team of Healthcare Partners (franchisees) who work across the UK selling, advising and promoting Western Provident Association (WPA) private health insurance products.
WPA are a specialist health insurer with a heritage of over 115 years, offering a choice of health insurance products to suit a variety of needs. This includes comprehensive health insurance plans and cash plans for both companies and individuals.
Healthcare Partners not only sell and promote WPA's health insurance products but actively maintain customer relationships with regular contact. Based from home, and with no need for stock or staff, Partners generate new opportunities within their area through networking, contacts, and introducers. They use their expertise to manage their customer portfolio whilst growing an ethical and successful business.
The Offering
The Healthcare Practice believe their success starts with yours, that’s why each new Partner receives a unique launch package, together with world-class training and support, giving you and your business the best possible start.
Key features of the Launch Package include:
- £15,000 guaranteed fee scheme (if you take on a new practice with no existing client base)
- £3,000 marketing budget – to help you promote your practice
- A local mentor for 2 years
- Ongoing membership to the Chartered Insurance Institute
- Enhanced remuneration - on individual healthcare policies sold within the first two years of your business
- Ongoing compliance, product, and IT training and support
The Investment
As part of the WPA Group, a not-for-profit organisation, the Healthcare Practice don't seek to make a profit. This approach is reflected in the low investment fee to become a Healthcare Partner. There are no monthly management service fees to pay and no cost to renew your Practice.
- A one off investment of £9,200 (inclusive of VAT)
- Your commitment to 'Treating Customers Fairly'.
- A returnable fidelity bond of £2,500.
- A 5 year business plan - to help you realise your ambitions.
- Drive and ambition - vital elements to making your business succeed.
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