LV= pays out £15m in cancer claims so far in 2021

Pay outs for cancer-related claims by LV= totalled £15m between the start of this year and 10 May, with around £5.5m paid out for cancer critical illness claims. The insurer detailed that breast, bowel, lung and prostate cancers were the most common reasons to claim, with the highest critical illness claim amounting to £367,000. The youngest claimant was 29 and the average age of critical illness claimants was 52. Last year, LV= stated it expected a surge in advanced stage cancer diagnoses in 2021 because of a slowdown in cancer screenings, which will "likely impact protection claims ...