Above industry average figures for both critical illness and life paid claims
Scottish Widows has published its protection claim statistics which show that it paid out 98.99% of life claims and 93.03% for CIC in 2017 - more than £204m in total and an average of £4m per week. According to the ABI, the industry paid claim averages for life and CIC were 98% and 92.2% respectively in 2017. The number of claims for life cover last year was 7,469 and 1,769 for CIC, equating to a total of 9,238 individuals and their families being supported in the event of critical illness...
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