British Friendly pays out 84% of IP claims in 2021

The mutual stated that musculoskeletal-related issues were the top reason for claiming in 2021 (34%), followed by Covid-19 (13%), anxiety or depression (9%), as well as non-covid-19 related respiratory or infectious diseases and gastrointestinal, respectively (6%). Last year, British Friendly said it paid £3,250 in Care Assistance Benefits to a member after his 14-year-old son was diagnosed with a brain tumour. However, in Q1 2022 the diagnosis was subsequently regarded as terminal with the mutual paying the member a further £3,825 in Terminal Illness Benefit. Furthermore, one long-te...