Zurich paid out 6% more critical illness (CI) claims in 2008 than 2007, it has revealed. Data from ...
Zurich paid out 6% more critical illness (CI) claims in 2008 than 2007, it has revealed.
Data from Zurich has shown the number of CI claims paid has increased for the third consecutive year, with 746 claims paid in 2008, compared with 710 paid in 2007 and 702 in 2006.
In 2008, Zurich declined 9% of claims, with 0.4% declined due to non-disclosure, while 8.6% were declined due to the definition not being met, compared with an overall decline rate of 12% in 2007.
Phil Brown, underwriting and claims director at Zurich UK Life, said: "We are proud of our claims philosophy and our proven track record."
The amount paid out has also increased, with £58.5m paid in claims in 2008 compared with £49.6m in 2007. Cancer remains the most common condition with 53% of total CI claims paid in 2008, followed by heart attack while multiple sclerosis was the third most common condition.
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