Reassured customers receive pay outs totalling £29.4M in 2021

Across life and critical illness cover

John Brazier
clock • 1 min read
Reassured customers receive pay outs totalling £29.4M in 2021

Life insurance broker Reassured has revealed that its customers received a total of £29.4 million across life and critical illness claims last year.

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, whi...

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