declined claims

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Scottish Widows has published its protection claims statistics, which show that more than £219 million was paid out in life and critical illness claims in 2015, equating to an average of more than £4 million per week.

Following recent stories of declined claims in the Mail on Sunday, Kevin Carr uses lessons from Britpop to argue why insurers should pay out rather than say a claim does not 'meet the definition.'

British Friendly has become the first insurer to publish a decade of claims statistic as it revealed that it paid 96.7% of all income protection claims since 2006.

Zurich UK paid 92% of critical illness (CI) claims made in the first half of 2015, and 82% of income protection claims, the insurer's claims statistics have revealed.

Scottish Widows has published its individual direct protection claims stats, which show that over £190 million was paid out in life and critical illness claims in 2014.

Income Protection (IP) specialist PG Mutual saw a 4.7% increase in its balance sheet, bringing it to a record £37m.

The vast scale of self-employed people who believe less income protection claims are paid out than actually are has been found by research from British Friendly.