VitalityLife pays 96% of 2017 claims for life, SIC and IP

Adam Saville
clock • 2 min read

More than £60m given back to members through rewards and benefits

VitalityLife paid a total of £36.1m worth of claims for life, serious illness cover (SIC) and income protection (IP) in 2017 - 982 claims were paid (96%), its Claims and Benefits Report has revealed. More than £60m in benefits and rewards were given back to members through a range of rewards and benefits such as health screens, gym memberships alongside activity devices, coffees and cinema tickets. According to the report, Silver members - a rating based on the how they look after their health - were 54% less likely to suffer a serious illness compared to those with Bronze status. ...

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 Insurer

National Friendly launches term assurance

National Friendly launches term assurance

Friendly Life Cover

Cameron Roberts
clock 15 September 2026 • 2 min read
Shepherds Friendly joins The Right DA Club panel

Shepherds Friendly joins The Right DA Club panel

Access to the provider's income protection proposition

Jaskeet Briah
clock 14 September 2026 • 2 min read
Law Commission publishes final report into Friendly Societies Acts

Law Commission publishes final report into Friendly Societies Acts

Recommends repealing the 1974 Act

Jaskeet Briah
clock 11 September 2026 • 3 min read