Aviva pays 97.2% protection claims in 2017

Adam Saville
clock • 2 min read

£900m goes to protection customers

Aviva has confirmed that it paid more claims than ever in 2017, with a total of £900m worth of claims settled for 25,000 customers (97.2%) - an increase from 23,000 and £30m more than last year's figure. £525m was paid to families of customers who had died or to individuals diagnosed with a terminal illness, while £337m worth of claims went to customers diagnosed with critical illness. More than £38m of benefits were paid to customers with income protection cover or fracture claim benefits. Life, CIC, IP During the year, 98.9% of life insurance and 93.2% of CIC (up from 92.3% in 20...

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 Individual Protection

Octopus Legacy launches life cover with Shepherds Friendly

Octopus Legacy launches life cover with Shepherds Friendly

Designed to reduce anxiety

Jaskeet Briah
clock 10 December 2025 • 2 min read
Aviva updates online trust process

Aviva updates online trust process

Digitised trust for individual protection

Cameron Roberts
clock 28 November 2025 • 1 min read
Fairer Finance adds former FCA chair to consumer board

Fairer Finance adds former FCA chair to consumer board

Charles Randell CBE joins

Jaskeet Briah
clock 28 November 2025 • 1 min read