MetLife pays out £50M in claims during Q3

The provider stated individual protection claims totalled 4,025 during the period, it's second-highest quarterly volume, with pays out totalling £3.4m. This brought the total volume of individual claims paid out in the first three quarters of 2021 to 12,000, just below the total volume of 14,000 last year. MetLife's employee benefits group life business paid out £38.75m across 378 claims during the period, its joint second highest ever volume of claims paid - behind Q2 2021 which was driven by a "significant increase in Covid-19 related" deaths. Meanwhile, £4.9m was paid out on 1,390 ...