Provider, Legal and General (L&G), has released its protection claims statistics for 2025, detailing total pay outs of £1.38 billion across both group and retail protection claims.
The provider said it paid a total of £993 million in retail protection claims and £396m in group protection claims. Retail protection The £993m paid out across retail protection products covered approximately 20,000 customers. The total figure for pay outs represents a slight dip for the provider, in 2024 it paid out over £1bn in retail protection claims. In 2024 it also paid out over 20,000 claims. Life insurance represented the lion's share of claims paid, L&G's total amount paid for the product was £527m at a claims paid rate of 97.5%. Critical illness was the second most p...
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