Healthcare Practice Plc.

Investment level
£10,001 - £20,000
Industry
Care Franchises

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.

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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.

Healthcare practice banner

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: 

  • £33,000 guaranteed fee scheme  (If you take on a new Healthcare Practice with no existing client base, you will be eligible for the Guaranteed Fee Scheme. The fund is designed to assist you throughout the challenging first two years of your business. You will receive £22,000 in your first year and £11,000 in your second year, subject to reaching the business plan targets.)
  • £3,000 marketing budget – to help you promote your practice 
  • A local mentor for 2 years
  • Ongoing membership to the Chartered Insurance Institute
  • Ongoing compliance, product, and IT training and support

Available Territories


Established Practices:

  • Bristol East
  • Liverpool
  • Southend-on-Sea
  • Tunbridge Wells

Target Vacant Territories: 

  • Bournemouth
  • Southampton
  • Wetherby

Lists are not exhaustive, please get in contact for more information. 
 

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 £10,000
  • Your commitment to Consumer Duty
  • A returnable fidelity bond of £2,500
  • An Earnings and 100 day plan – to help you realise your ambitions
  • Drive to achieve and willingness to succeed with our successful business model
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