Zurich has recorded total protection pay outs of £222 million across life insurance, critical illness and income protection during the first half of the year.
More than £167.8m was paid out by the insurer on life insurance claims during the period, representing a 99% pay out rate. Zurich stated that £18.1m was paid out to Covid-related claims. Over £568K was paid out to Zurich customers with ‘multi fracture cover', an increase of 24% on the same period last year, reflecting "lockdown restrictions easing and people enjoying more leisure activities," according to the insurer. There was a 20% year-on-year increase in critical illness payments during the first half of the year, totalling £50.7m and 91% of claims paid out. Zurich stated that ear...
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