British Friendly launches its first ever report analysing claims from 2005 and 2018
Income protection (IP) specialist British Friendly has released a Claims Report, offering analysis of its claims data as well as case studies from over a 13-year period. The mutual, which was founded in 1902 and recently reached 30,000 members, paid 96.2% of all income protection claims between 2015 and 2018. The Claims Report 2019 also found that 11% of all its claimants are under 30, highlighting the importance of income protection for millennials. The overall average age of all members...
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500,000 claims last year
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