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, The Exeter paid 9,287 claims (93%) across its individual Life Insurance, Income Protection (IP), and other protection policies.

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, Reassured's panel paid £50,512,890 in Life and Critical Illness (CI) claims. 

Last year, LV= paid over 8,000 claims across its individual Life Insurance, Critical Illness (CI), Income Protection (IP), and other protection policies.

Last year, Unum UK paid out over £471mn, including £229mn for Group Income Protection (GIP), £160mn for Life Insurance, and £43mn for Group Critical Illness...

Last year, Legal & General (L&G) paid out 18,696 claims across its protection menu – this represents a 5% increase year-on-year.

Last year, Aviva paid 50,600 claims (97.8%) across its individual Life Insurance, Critical Illness (CI), Income Protection (IP), and other protection policies, equating to...

Overall, Cirencester Friendly considered 1,229 Income Protection (IP) claims and paid 1,177 in 2023. 52 claims were declined due to no proof of income, the claimant maintaining income,...