VitalityLife paid 99% of Life claims, 93% of Serious Illness claims and 94% of Income Protection claims in 2016. In total, 807 claims were paid across all products.
The insurer said it paid a "record amount in claims" during 2016, with more than £33m paid in claims on its Life, Serious Illness and Income Protection products. The average age of claimants for 2016 were 42 years old for Serious Illness Cover, 45 years old for Income Protection, and 56 years old for Life Cover. The most common reasons for claiming on IP in 2016 were mental illness at 26%, musculoskeletal at 22% and cancer at 10% The most common reason for claiming on SIC in 2016 was cancer...
On Thursday 12 March
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