Paid life claims reached 99% and mental health most common reason for IP pay-out
Zurich has announced it paid 97% of all retail protection claims last year - a payments total of £235.2m to 2,872 customers and their families - which compared to 95% paid claims in 2016 (£224.6m). Critical illness A total of 867 critical illness claims were paid in 2017 (95%), at a cost of £65.2m to the insurer. Cancer - the most common cause of critical illness pay-outs - alone accounted for 59% of CIC payments and amounted to £40m worth of claims. Heart attack was the second most common...
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