L&G urges advisers to makes 'positive use' of the insurer's 2016 claims stats

The figures show that £606m was paid out to policyholders for Critical Illness, Life, Terminal Illness and Income Protection claims, representing a £64m increase on 2015.  Legal & General paid 98.6% of claims for Life, 95.9% for Terminal Illness, and 92.56% for Critical Illness. Over the last five years, the company has paid out £2.6bn in claims for Life, Critical and Terminal Illness.  Mark Holweger, managing director, Legal & General Insurance (Partnerships), said: "We hope that advisers are able to make positive use of these statistics to further address [the protection] gap." ...