MetLife UK paid 27,000 claims in 2024

£27 million paid out

Cameron Roberts
clock • 1 min read

Protection and employee benefits provider, MetLife UK, paid out more than £27 million across over 27,000 claims in 2024.

COVER followed up with MetLife UK, who disclosed that it had a 94% pay out rate for accident and health claims. It also said that it paid 90% of accepted claims within five working days. The provider said that it averaged 108 claims paid per day, mainly covering accident and illness payments for clients. Over 15,000 hospitalisation claims were paid alongside nearly 10,000 broken bone claims. Claims for hospital stays most often included common illnesses including asthma and diabetes. It also approved 702 lifestyle claims, and 711 funeral benefit claims from non-accidental death. ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

The COVER Review: Swiss Re Group Watch 2025, IPT and mental health

The COVER Review: Swiss Re Group Watch 2025, IPT and mental health

Week commencing 21 April 2025

COVER
clock 25 April 2025 • 1 min read
Bupa to open 70 UK mental health centres

Bupa to open 70 UK mental health centres

Face-to-face talking therapies

Jaskeet Briah
clock 24 April 2025 • 2 min read
Growth in group risk policies slows in 2024: Swiss Re

Growth in group risk policies slows in 2024: Swiss Re

Group Watch report

Jaskeet Briah
clock 23 April 2025 • 3 min read