Scottish Provident awarded Defaqto 5 Star

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Scottish Provident has been awarded a 5 Star rating for its critical illness plan for the 10th consecutive year.

The rating was given to the company by Defaqto, an independent researcher of financial products.

Each year Defaqto independently rates products across more than 50 different categories, giving each a 1 to 5 star rating based on its features and the comprehensiveness of cover it offers.

Ben Heffer, insight analyst for life and protection at Defaqto, said: "Scottish Provident has achieved a 5 Star Rating in all three critical illness rating categories over a ten-year period, which is unique, and evidences that this product has consistently been positioned among the products at the top end of the market."

Angus Scott, head of proposition development at Scottish Provident said: "We're delighted to be recognised by Defaqto. This award highlights the comprehensive quality of our product and our long history of paying out claims. We're the only provider to receive this rating over such a long period of time and we're thrilled by this award."

In the ten years to 31 December 2013, Scottish Provident paid out over £613 million in critical illness claims, helping more than 8000 families and individuals.

In the first six months of last year, Scottish Provident paid out £52, 929,390 in critical illness claims.

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