Zurich achieved a 97% pay-out rate overall on critical illness, income protection and life insurance policies over the first six months of 2017 - paying out £121.6m to almost 2,000 customers.
The ratio matches that of the insurer's group income protection payment rates for 2016, which it published for the first time earlier this year. Cancer was the most common reasons for a pay-out in the latest figures, accounting for more than half (53%) of claims. Breast cancer alone triggered nearly 30% of claims while, for children, cancer and leukaemia were the most common causes of a pay-out. Behind cancer, heart attack (13%) was the next most common cause, followed by stroke (7%) and...
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