Reassured customers receive pay outs totalling £29.4M in 2021

Data from the broker and its life insurance partners shows that a total of 973 claims were paid throughout 2021, a year-on-year increase of 52% from 2020 where 639 claims were paid. Total pay outs in 2021 also rose from the previous year's total of £17.6m, representing an increase of 67% year-on-year. Reassured noted that around 80 families received a pay out during each month last year and that the majority of claims were from policies purchased through a non-advised sales channel, which the broker stated "highlighted the value of customer choice." Ali Crossley, managing director,...