Renewal commissions and BOR
Renewals pay as long as your client stays with Benefi.
Most brokers need to understand two things before placing business: how renewal commissions work and whether their broker of record status is protected. With Benefi, both answers work in your favor.
Renewal commissions that don't decline
Your Benefi commissions continue at the same rate for as long as your client remains active. There's no year-two reduction, no sliding scale based on group size, and no renegotiation at renewal. The rate you see on your initial quote is the rate you'll earn next year and every year after.
This structure reflects a simple philosophy: when employers renew, we both win. Your ongoing support keeps clients satisfied and reduces our service costs. Paying you fairly for that value alignment makes more sense than creating incentives to churn.
Your renewal economics
- Same rate as year one. No step-downs or reductions.
- Paid monthly as earned. Commissions flow with active enrollment.
- No minimum thresholds. Every active employee counts toward your commission.
Broker of Record protection
Benefi honors your broker of record status without exception. Once you place a group, that client is yours until they tell us otherwise in writing. We don't solicit competing brokers to approach your clients, and we don't entertain inbound pitches from other brokers trying to move your groups.
BOR changes follow a straightforward process. The employer must initiate the request directly, typically through a signed BOR letter on company letterhead. We verify the request with the employer before processing any change. You'll receive notification if a BOR change request comes through for one of your groups.
When a client terminates their Benefi coverage, commissions stop at the end of that month. There's no commission recapture or clawback provision. You've earned those commissions by placing and supporting the business.
Building a sustainable book
The combination of full renewal rates and BOR protection creates predictable economics for your book of business. Each group you place adds to your recurring revenue stream without the typical erosion from carrier-initiated BOR moves or declining renewal rates.
This approach particularly benefits brokers focused on the hourly workforce market, where groups tend to be stable once a benefits solution meets their needs. Variable-hour employers rarely shop benefits annually once they find a compliant solution that works.
Your existing carrier relationships remain unaffected. Benefi operates as a supplemental benefits option, not a replacement for your major medical business. Many brokers position Benefi for portions of the workforce not taking expensive major medical plans.
Ready to review commission details for your market? Schedule an introduction call through benefi.com/contact to receive your complete rate card and discuss how Benefi fits your book of business.