Life insurance broker Reassured has seen £6.4 million in Covid-related claims paid out to its customers since the start of last year.
A total of 1,131 claims have been paid to beneficiaries of protection policiessold by Reassured, with £17.6m paid out in 2020 and £15.9m in 2021 so far, totalling payouts of £33.5m during the entire period. The broker stated that Covid-related life insurance claims represented 19% of the total value of claims paid out since the start of 2020. Should current levels of claims continue, Reassured expects total life insurance payouts for the year of £21.1m, up £3.5m on 2020. Reassured stated that there is £12.5m of claims still currently under assessment, while claims made during the Chri...
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