British Friendly pays 94% of 2019 claims

Main reason MSK

Adam Saville
clock • 1 min read

Income protection mutual has paid an average of 96% of claims since 2005

The main reason for British Friendly claims in 2019 involved musculoskeletal-related conditions (44%). General illness/injuries and anxiety/depression made up 12% of claims. Infectious diseases (8%) and gastrointestinal (6%) were also top causes. Gordon Hull, British Friendly chief executive officer (CEO), said: "This analysis of causes of claim demonstrates how our products meet the needs of our customers. They tend to be those in manual occupations who might be self-employed or working for employers who don't offer any formal sick pay. As such they are looking for shorter deferred p...

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

Women's health in crisis: Vitality

Women's health in crisis: Vitality

Less that 25% of women hit exercise targ

Cameron Roberts
clock 28 November 2024 • 2 min read
Third of renters could only afford ten weeks off work

Third of renters could only afford ten weeks off work

Scottish Widows research

Cameron Roberts
clock 19 November 2024 • 2 min read
AXA Health appoints director of distribution and marketing

AXA Health appoints director of distribution and marketing

Richard Glassborow takes the role

Cameron Roberts
clock 18 November 2024 • 1 min read