National Friendly pays out 99% of all medical claims in 2017

Adam Saville
clock • 1 min read

Total £7.5m claims for a variety of medical procedures

National Friendly paid out 99% of medical claims between December 2016 and February 2018 for a variety of medical procedures, a total of over £7.5m, the mutual insurer has announced. "We are proud to announce that the Society has paid out 99% of medical claims," said Duncan Reeves, customer services manager at National Friendly. "As a mutual organisation, we don't have shareholders to satisfy or dividends to pay, so this focus on supporting our members who are also our owners is a key part of our culture." Reeves continues, "We invest heavily in all aspects of our customer facing busi...

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

Chesnara joins FTSE 250

Chesnara joins FTSE 250

Post HSBC Life acquisition

Cameron Roberts
clock 18 August 2025 • 1 min read
FCA to crack down on 'slower' life insurers for pension transfer process

FCA to crack down on 'slower' life insurers for pension transfer process

Review of data from 18 life insurers

Isabel Baxter
clock 15 August 2025 • 3 min read
Aviva protection sales fall 16%

Aviva protection sales fall 16%

Health sees 14% premium growth

Cameron Roberts
clock 14 August 2025 • 2 min read