94.6% of critical illness claims paid in 2017 by wealth manager
For the eighth year in a row, wealth management firm Old Mutual Wealth has published claims data showing that all life insurance claims were paid out over the space of 12 months. Meanwhile, 94.6% of all CIC claims were paid in 2017 totalling up to £60.3m in life and critical illness payments during the space of the year, and the average claims size was £152,704 for life and £165,748 for critical illness. Over 78.5% of CIC claims were made for top three claims - cancer (55.8%), stroke (12.3%)...
VitalityLife has launched a risk calculator that is able to work out the likelihood of clients facing ill health by putting in some basic, personal information.
'Support services' are not bolt-ons but integral to insurance offerings, says Paul Avis, and there are plenty of good reasons for employers and their advisers to promote them wherever possible
Association of Medical Insurers and Intermediaries (AMII) chairman Stuart Scullion has warned the industry to make sure it is prepared ahead of the IDD, the next EU-driven legislation set to 'shake up the sector'.
Our biggest Protection & Health Summit yet comes to Hilton London Bankside on 4 October