Royal London has revealed that it paid out on 90% of Income Protection (IP) claims in 2014, with a total payout of over £3.2m.
There were 246 income protection claims in payment in 2014, with 73 new claims made which were paid.
The average payout for income protection last year was over £13,000 with an average claimant age of 41 years old.
The top 5 reasons for claims were cancer, musculoskeletal conditions, mental health illnesses, stroke and multiple sclerosis, accounting for over 80% of new claims.
The average duration of an income protection claim was just over 4 years.
Royal London's intermediary protection business includes the Scottish Provident and Bright Grey brands.
Royal London recently announced a 94% payout rate on its 2014 critical illness claims.
Debbie Kennedy, head of protection for Royal London's Intermediary Division, said: "It's reassuring to report our 90% figure for income protection claims paid.
"Overall our claims experience adds strength to our reputation of aiming to pay as many claims as possible.
"This supports our commitment to offer a wide range of products to suit different customers' needs, and provide support in a way that complements their needs at that time."
"The crucial role an income protection product can play, by providing ongoing support for someone during unexpected ill-health and disability, is evident in the fact our income protection claims pay out for over 4 years on average.
"It's also interesting to see that three of the most common reasons for a critical illness claim also appear on our income protection claims list: cancer, stroke and multiple sclerosis."
"As a partner of the 7 families initiative (which has created a real focus on the benefits of having income protection cover) we are keen to stress the benefit Income Protection can offer someone if they experience unexpected illness or injury."
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