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

January to May

John Brazier
clock • 1 min read
LV= pays out £15m in cancer claims so far in 2021

Insurer states it is anticipating rise in claims during second half of the year due to slowdown in screenings

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...

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