Scottish Widows pays 98.2% of protection claims

In 2019

Adam Saville
clock
Scottish Widows pays 98.2% of protection claims

Over 98% of protection claims received were paid out by the insurer – more than £212m in total

Scottish Widows approved 9,635 claims during 2019 - 98.2% of those received. Of these, the insurer paid 99.4% of life claims and 93% of critical illness claims, representing 7,961 and 1,674 claims respectively. Scottish Widows said these latest statistics show an increase in approved cases, compared to 7,908 life claims and 1,591 critical illness claims in 2018. More than £212 million was paid out in total, at an average of over £4m per week. Scott Cadger, head of protection underwri...

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