Vitality has announced total pay outs of £82.8 million across life, Serious Illness Cover and income protection claims during 2021.
Throughout last year Vitality paid out on 2,012 claims, representing 95.9% of all claims received. A total of £5.7m was paid out on claims where Covid-19 was a factor. For life insurance, Vitality paid out on 99.8% of claims, totalling £54.3m. The insurer stated that the 0.2% of life claims denied last year were due to suicide withing 12 months of the policy being taken out. Cancer was the most common cause for a life (including terminal illness) claim, followed by cardiovascular illnesses. Claims where Covid-19 was attributed as a factor accounted for the second highest cause...
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