• Home
  • Life insurance
  • Critical illness
  • Employee benefits
  • Income protection
  • Healthcare
  • Regulation
  • Diversity
  • Events
  • Industry voice
  • Newsletters
  • Sign in
  • Events
    • Upcoming events
      event logo
      Cover Protection and Tech Forum

      COVER is launching a seminar to discuss technology in the protection market; where the market is currently at and where it is likely to develop in the future. The event is aimed at advisers and insurance professionals and grants CPD points to delegates.

      • Date: 02 May 2018
      • ONE BIRDCAGE WALK , London
      event logo
      COVER Customer Care Conference 2018

      The Customer Care Conference shall shine the spotlight on the customer experience in the health and protection markets and discuss the popular, if untrue, belief that insurers don’t pay out.

      • Date: 18 May 2018
      • Jumeirah Carlton Tower, London
      event logo
      Cover Customer Care Awards 2018

      The Cover Customer Care Awards, which will take place in May 2018, recognise exceptional service from individual protection, group protection, and private medical insurers, as well as associated firms that represent technology and added value services.

      • Date: 18 May 2018
      • Jumeirah Carlton Tower 1 Cadogan Place Belgravia London SW1X 9PY, London
      event logo
      Cover Protection & Hea Summit 2018

      The Customer Care Conference shall shine the spotlight on the customer experience in the health and protection markets and discuss the popular, if untrue, belief that insurers don’t pay out.

      • Date: 04 Oct 2018
      • Jumeirah Carlton Tower, London
      View all events
      Follow our events

      Sign up to receive email alerts about our events

      Sign up
  • Sign in
  •  
    •  

      Personalise your on site experience.


      Download and use the apps.


      Access your subscription from outside of the office.


      Get relevant news and insight straight to your inbox.

      • Sign in
     
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • RSS
    • Twitter
    • LinkedIn
    • Newsletters
  • Register
  • Industry voice
COVER
COVER
  • Home
  • Life insurance
  • Critical illness
  • Employee benefits
  • Income protection
  • Healthcare
  • Regulation
  • Diversity
 
  •  

    Personalise your on site experience.


    Download and use the apps.


    Access your subscription from outside of the office.


    Get relevant news and insight straight to your inbox.

    • Sign in
 
    • Account details
    • Contact support
    • Sign out
 
COVER
  • Income Protection

British Friendly releases twelve years of paid claims data

  • Fiona Murphy
  • @cover_fiona
  • 09 January 2018
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
0 Comments

British Friendly has announced its paid claims percentages for the last twelve years.

Since 2005, when British Friendly began recording its claims data, the friendly society has paid 96.7% of all Income Protection claims. British Friendly statistics for the whole of 2017 are 92.4% paid, 7.6% declined. Of the declined claims 2.8% was for non-disclosure and 4.8% was for not meeting the definition of incapacity. The main reasons for claims are: Orthopaedics (musculoskeletal conditions) - 44% of paid claims, viral illness /respiratory - 16% of paid claims and mental health conditions...

To continue reading...

Sign In

Register now

Register today for the latest news, features and opinion for health, protection insurance and employee benefit professionals.

  • Understand the latest market changes and developments as they happen
  • Read interviews and opinion from the leading lights in the protection, employee benefits and health insurance industries
  • Stay ahead with details of events, webinars, videos and analysis of hot topics

Register now

More on Income Protection

portal
  • Individual Protection
IRESS data shows 20.5% protection sales increase
  • 20 Apr
  • Individual Protection
Zurich pays out 97% of 2017 protection claims
  • 13 Apr
  • Critical Illness
Prime minister declares £75m for prostate cancer research
  • 11 Apr
  • Income Protection
LV='s 'Wake Up To IP' tour set to return to UK
  • 05 Apr

More news

portal
IRESS data shows 20.5% protection sales increase

The Exchange indicates 'record-breaking quarter' for critical illness, life, income protection and multi benefit products for first three months of 2018

  • Individual Protection
  • 20 April 2018
Legal & General appoints Mark Jones as UK protection product director

He joins L&G's Insurance division from Sun Life

  • Insurer
  • 20 April 2018
White paper calls for stronger funeral plan regulation

Compulsion for all providers and distributors to be regulated by FPA and minimum solvency among proposals

  • Cashplans
  • 20 April 2018
National Friendly launches over 50s Guaranteed Life Assurance

£20 to £100-a-month premiums to cover funeral costs, clear debt and leave money to family

  • Cashplans
  • 19 April 2018
Back to Top
  • Contact Us
  • Marketing services
  • About Incisive Media
  • Terms and conditions
  • Privacy and Cookie policy
  • RSS
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017