£22m paid out by MetLife UK

Individual Protection plans paid in last 12 months

Cameron Roberts
clock • 1 min read

MetLifeUK has paid out over £22m in the last 12 months, with nearly 24,000 claims approved and paid to its individual protection customers.

The latest data revealed by the provider stated that there was an average of 95 accident and illness claims were paid every day in the last 12 months. Sickle cell disease was the most claimed sickness and roadside accidents were the biggest cause of injury claims. The provider claims that its payments are distributed typically within three to five days. With almost 13,000 hospitalisation claims as well as over 9,000 broken bone claims being sold. Dominic Grinstead, CEO of MetLife UK comments: "Supporting our customers is our number one priority, so ensuring we paid claims as quickl...

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

Financial situations have worsened for one third of adults

Financial situations have worsened for one third of adults

SJP research found

Jaskeet Briah
clock 06 March 2025 • 3 min read
The COVER Review: Claims statistics, a market entrant and protection sales

The COVER Review: Claims statistics, a market entrant and protection sales

Week commencing 24 February 2025

COVER
clock 03 March 2025 • 1 min read
One in 10 adults unaware of their monthly spending

One in 10 adults unaware of their monthly spending

Compare the Market research

Jaskeet Briah
clock 28 February 2025 • 2 min read