Vast Majority of Individual Protection Claims Paid Out in 2013

By |June 6th, 2014|

An average of £8.4m was paid out every day in 2013 by the UK individual protection industry, according to new figures.

The payments covered life, critical-illness and income protection claims, according to the Association of British Insurers.

A total of £3.1bn was paid out in the year to around 99,000 families, with 98.4% of all life insurance […]