19th November 2007

'Bright Grey improve commission sacrifice terms'

Bright Grey has made changes that will reduce their clients’ premiums when advisers sacrifice commission.

An adviser can choose to give up some or all of their commission to reduce their client’s premium - the amount the adviser can give up being any amount up to 100% of their initial commission. The impact of commission sacrifice will vary depending on the cover chosen and the amount of commission sacrificed. The average impact when 50% of initial commission is sacrificed will be a 12% reduction in premium.

Commission sacrifice can be applied to all covers within the Personal Protection Menu and advisers can take advantage of this improvement when quoting on all the major comparison portals.