Dentists' Provident pays out £5.2 million in 2023

Decrease from £5.6m in 2022

Jaskeet Briah
clock • 1 min read

Dentists’ Provident paid out 99% of claims to members last year, totalling £5.2 million.

The total pay outs for 2023 were down from £5.6m in 2022 when Dentists' Provident paid out 99.1% of claims. The income protection provider said the decline is due to a drop in Covid-19-related claims. A total of 1,189 claims were paid in 2023, compared to 1,849 claims received in 2022. Overall, 983 new claims were paid by the provider last year, compared to 1,679 new claims in 2022. Meanwhile, 10 new claims were declined because claimants either did not meet the definition of incapacity, their condition was not covered by their plan and other plan rules were not met.  The primary r...

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 Insurer

Royal London announces FY24 results

Royal London announces FY24 results

£751m protection claims paid

Cameron Roberts
clock 07 March 2025 • 2 min read
Eleos adds IP offering to credit building service

Eleos adds IP offering to credit building service

Partnership with Wollit

Jaskeet Briah
clock 05 March 2025 • 1 min read
Mike Hay takes permanent role at Benenden Health

Mike Hay takes permanent role at Benenden Health

Hay named chief people officer

Jaskeet Briah
clock 03 March 2025 • 1 min read