Covid dominates The Exeter's IP pay outs in 2020
One-third of claims
Covid-19 accounted for 32% of all income protection claims received by The Exeter during 2020
According to the latest figures from the insurer, pay outs for income protection totalled £10.1 million, equating to 91% of all claims submitted during the year. Covid-19 was the single most claimed for condition in 2020, representing nearly one-third (32%) of claims, while other conditions accounting for a large number of claims included musculoskeletal conditions (21%) and accident and injuries (12%). The Exeter paid out on 1,745 of the 1,917 claims received throughout the year. The main...
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