Income protection provider paid 94% of claims in 2019 and benefits totalled £2.4m
The amount paid out last year by the mutual was £1.5m more than in 2018, which is an increase of 60%. Stuart Tragheim, Holloway's CEO said: "We are delighted to have helped 633 Members and their families in 2019. The causes of claim were consistent with our experience in 2018, being accident & injury (36%), musculoskeletal (23%), mental health (12%), surgical procedures (6%) and viral illness (5%)." In a bid to increase industry transparency, Holloway Friendly has published a claims report...
Short-term and long-term income protection
Among other initiatives
Adam Higgs assesses the IP options available to renters
As SSP value falls