Paid life claims reached 99% and mental health most common reason for IP pay-out
Zurich has announced it paid 97% of all retail protection claims last year - a payments total of £235.2m to 2,872 customers and their families - which compared to 95% paid claims in 2016 (£224.6m). Critical illness A total of 867 critical illness claims were paid in 2017 (95%), at a cost of £65.2m to the insurer. Cancer - the most common cause of critical illness pay-outs - alone accounted for 59% of CIC payments and amounted to £40m worth of claims. Heart attack was the second most common...
According to gender and different ages
During seed funding round
On Thursday 12 March
Ruth Gilbert investigates another potential threat to life policies