IP claims for mental health double during 2020: Zurich
Ahead of Mental Health Awareness Week
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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Totalling £3.4 million
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52% y-o-y growth
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