IP claims for mental health double during 2020: Zurich

Ahead of Mental Health Awareness Week

John Brazier
clock • 1 min read
IP claims for mental health double during 2020: Zurich

New figures from Zurich show one in four income protection (IP) claims in 2020 were triggered for mental health reasons

According to the statistics, 27% of all IP claims the insurer received last year were due to mental health reasons, more than double the percentage it recorded in 2019 (13%). Zurich stated that around £1.7 million of payments were made to individual IP customers who claimed on their policies, while nearly one in four (18%) accessed Zurich Support Services, with the majority (82%) seeking clinical support for conditions including depression, stress and anxiety. Zurich data also shows that 28%...

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