Last year, Guardian Financial Services (Guardian) paid out £15,333,395 in Life Protection, Critical Illness (CI), Combined Life & CI, Children’s CI, and Premium Waiver...
Last year, Vitality paid £117mn in protection insurance claims, with 94.6% of claims paid across Life Insurance, Income Protection (IP), and Serious Illness Cover (SIC).
Last year, AIG Life - now part of the Aviva group – paid £394mn in protection insurance claims, helping 6.9k policyholders and their loved ones during periods of ill-health...
According to the Association of Financial Mutuals (AFM), its members paid roughly 60% of claims on individual Income Protection (IP) policies in 2023 - despite holding only 15% of...
Last year, Royal London paid out £731mn in Life Insurance, Whole of Life, Critical Illness (CI), and Income Protection (IP) claims – this is £100m more than in 2022.
Last year, Aviva paid out more than £413mn in Group Protection claims - the insurer has paid more than £1.15bn in group claims over the last three years.
Last year, LV= paid over 8,000 claims across its individual Life Insurance, Critical Illness (CI), Income Protection (IP), and other protection policies.