Legal & General individual protection payouts total £797.9 million in 2021

Individual protection claims for 2021 rose by £33.9 million from 2020, with the average pay-out totalling £47,243. With 97% of claims being paid out on the insurer stated that of the remainder, almost nine in 10 were not paid due to "deliberate or reckless misrepresentation". Meanwhile, almost one in seven life claims in 2021 were Covid-19 linked, with Legal & General paying out on 1,579 claims, averaging £46,769 per claim and reaching £74 million in total, up £34.6 million from 2020. Demographically, the provider showed claims differed between men and women when it came to Covid-1...