Paying 97% of life claims, 93% of critical illness claims and 95% of income protection claims
Legal & General has today announced how much it paid out on individual protection claims in 2018. The FTSE 100 insurer has paid out over £638m across its life, critical illness cover, terminal illness cover and income protection insurance products in 2018, the equivalent of £1.7m every day. Legal & General paid 97% of all life claims in 2018, which equates to £332.7m across 10,046 claims. The three main claim conditions were cancer (38%), cardiovascular disease (18%) and pneumonia (7%), with an...
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