Giving us a Widows peek: Firm discloses its declined CI stats

Scottish Widows is the latest provider to publish its declined critical illness (CI) claims statistics. The Edinburgh-based insurer revealed that it has turned down 18% of its CI claims in the past 12 months. Some 64 of the 157 claims turned down were declined due to non-disclosure. A further 91 claims were turned down because they did not meet the policy definitions. To ensure all its declined claims have been thoroughly examined, Scottish Widows has formed a claims panel that is set to review all provisionally declined borderline claims. The panel will review cases before a fina...