Mutual paid 87% of all claims received with Covid-19 related conditions, which grew to the second highest reason for claim
British Friendly has recorded a 52% annual growth increase in the amount paid out in claims totalling £5.6 million paid to over 1,300 members. The mutual stated that it has paid an average of 95% of all income protection claims since it began recording claims data in 2005. Covid-19 rose to the second highest reason for income protection claims received last year (13.6%), behind musculoskeletal conditions (40.4%), but moving above anxiety/depression (13.4%) and non-Covid related respiratory...
L&G veteran Richard Kateley says more can be done to increase engagement with products
'Whatever else changes in the world there are always lies, damned lies and insurance sales figures'
Totalling £3.4 million
As part of COVER’s new eBook in partnership with Royal London, we asked advisers about the barriers they frequently face when talking about protection – and what they do to jump over them
Ahead of Mental Health Awareness Week