Cirencester Friendly pays 94.7% of claims in 2016

clock • 1 min read

Cirencester Friendly has paid 94.7% of claims in 2016, an increase on last year's figure of 94%.

During the year, a total of 863 applications for claims were made, of which 98.8% were eligible for consideration., the insurer said.  This left 853 claims to be considered; of these, 808 (94.7%) were paid - a total of almost £4.0 million in sick pay benefit. The principal reasons for not admitting claims were no evidence of pre-disability earnings supplied, no actual loss of earnings and claims made in respect of pre-existing disabilities that had not been disclosed.  The greatest number of claims in 2016 were for accident or injury (34.3%), highlighting the value of insuring agai...

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 Income Protection

National Friendly updates level reviewable premium options

National Friendly updates level reviewable premium options

Extends availability of Friendly Dentist benefit

Jaskeet Briah
clock 10 September 2025 • 2 min read
IPTF releases 7 Claims Stories video on income protection calculations

IPTF releases 7 Claims Stories video on income protection calculations

Managing client expectations and improving outcomes

Jaskeet Briah
clock 01 September 2025 • 1 min read
Record IP sales for National Friendly

Record IP sales for National Friendly

124% increase YoY

Cameron Roberts
clock 06 August 2025 • 2 min read