Is TPD really broken?

Survey finds 20% reduction in declined claims in a decade

clock • 5 min read

SCOR's David Ferguson explores industry perception of total & permanent disability insurance, which, he suggests, seems to be in a much better condition than many might think

For many years, there has been a general industry perception that total & permanent disability (TPD) has presented problems for assessors when it comes to claim. That perception appears to have grown from a history of high claim declinature rates when assessors have often been faced with difficult claims to assess such as subjective and/or complex medical conditions leading to a poor reputation for the product in the industry. Is TPD still a problem? Because of this perception, we felt that it was right to ask our clients for their views. We asked our UK and Irish clients to respond ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Microstressors 'wearing down' UK adults

Microstressors 'wearing down' UK adults

VitalityHealth research findings

Jaskeet Briah
clock 25 April 2025 • 2 min read
IPT receipts hit £61m in March 2025

IPT receipts hit £61m in March 2025

£8.88 billion annual figure

Cameron Roberts
clock 23 April 2025 • 2 min read
The COVER Review: product updates, regulatory guidance and vulnerable customers

The COVER Review: product updates, regulatory guidance and vulnerable customers

Week commencing 14 April 2025

COVER
clock 17 April 2025 • 1 min read