Guardian FS pays first claim

£6,000 paid out for fracture cover

Adam Saville
clock • 2 min read

Less than two months since launching to the intermediary market, Guardian Financial Services has paid out £6,000 to a customer who injured himself during a sporting activity

Claimed under Guardian's Fracture Plus Protection, the product protects clients for one of 18 specified fractures, seven ligament tears or tendon ruptures, or a dislocation, during any 12-month period, and costs £3.90p a month. According to Guardian, the client called the insurer regarding the injury on Monday, it took a few details over the phone and then called back within 30 minutes to confirm the claim would be paid. The £6,000 payment was in the customer's bank at the end of that working week. The payment is the first of any kind by Guardian. "You could argue that a business i...

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