British Friendly is first insurer to release paid claims data for 2016

Iain Clark

Iain Clark

British Friendly is once again the first insurer to publish their claims statistics for the whole of the previous year.

In 2016 British Friendly paid 96.13% of income protection claims, with over half of all claims (52%) authorised in one day or less. The remaining 3.87% of claims were declined (the main reasons are non-disclosure 1.93%, not meeting the definition 1.71%) In January 2016 British Friendly revealed it paid 97.8% of income protection claims during 2015. The insurer also released its 10 year claims data last year, paying over 96% of income protection claims on average since 2006. The top three...

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