CI claimants are getting younger

Professional Adviser
clock

The age when people make claims against critical illness policies appears to be getting younger, as ...

The age when people make claims against critical illness policies appears to be getting younger, as latest statistics from Scottish Provident suggest the average age of CI claimants is now 42, compared with 44 last year. A further disparity, which seems to contradict mortality rates and suggestions that men die younger than women, shows women are claiming at a younger age than men as the average age of a woman's claim is 41 compared with men who, on average, claim on their critical illness at the age of 43. Figures suggest cancer tops the list of causes of claim at 55% of all clai...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Critical Illness

Defaqto launches critical illness comparison tool

For Engage planning solution

Adam Saville
clock 12 February 2019 • 1 min read

Breast cancer still biggest cause of CI claims - Aegon

Group paid £56m in last decade

Adam Saville
clock 25 October 2018 • 1 min read

F&TRC rolls out age-banded critical illness analysis for advisers

Data from each insurer

Adam Saville
clock 27 September 2018 • 2 min read