Holloway Friendly reveals number of claims not paid

'Leading the way'

clock • 2 min read

Six percent of claims declined in Q1 due to 'non-disclose' and 'no loss of income'

Following the recent COVER Claims Convention in London, income protection provider Holloway Friendly has revealed the top reasons for claim in Q1 2019, as well as the reasons behind the 6% of income protection claims which weren't paid. The team at Holloway analysed claims data to discover the top reasons for the income protection claims made in Q1 of 2019. Although 94% of claims were paid during this period, the team has also looked into the 6% of claims that had been declined and explored what can be done to reduce this figure in Q2.  After looking into the claims data for Januar...

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 Individual Protection

Consumer Duty remains the biggest opportunity to expand protection

Consumer Duty remains the biggest opportunity to expand protection

"It is very easy to get bogged down in the regulatory requirements"

Andrew Gething
clock 18 November 2024 • 4 min read
NHS waiting list records drop in September

NHS waiting list records drop in September

A&E under strain

Jaskeet Briah
clock 15 November 2024 • 2 min read
COVER Protection and Health Summit 2024: In pictures

COVER Protection and Health Summit 2024: In pictures

Event on 07 November

COVER
clock 13 November 2024 • 1 min read