L&G pays out almost £300m for group protection

During 2018

Adam Saville
clock • 1 min read

Rehabilitation and early intervention helped 18% of UK employees covered by GIP

Legal & General has revealed that it paid a total of £292m in group protection claims in 2018. Through its group income protection (GIP) policies, the insurer was able to help 631 employees return to work within the deferred period, with a further 269 employees returning to work outside the deferred period with the support of early intervention services. Following the ongoing trend in motion since 1999, mental health issues were once again the main reason for new GIP claims in 2018 (25%). In 2018, L&G facilitated almost 3,200 sessions for claimants suffering from physical and menta...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Partner Insight: How prepared is your client for the unexpected?

Partner Insight: How prepared is your client for the unexpected?

Mike Farrell, Protection Sales and Marketing Director at LV= discusses some of the findings of their second Reaching Resilience report

Mike Farrell, Protection Sales and Marketing Director at LV=
clock 04 November 2024 • 3 min read
Partner Insight: Why real stories matter in protection conversations

Partner Insight: Why real stories matter in protection conversations

Mike Farrell, Director of Protection Sales and Marketing, LV=
clock 07 October 2024 • 3 min read
IPTF partners with MIMHC

IPTF partners with MIMHC

Focus on mental health

Cameron Roberts
clock 14 August 2024 • 1 min read