Claims stats normal says Bright Grey

Bright Grey's 15% declinature rate for non-disclosure on life claims has been defended as 'usual' for a new company. Bright Grey denied 15% declined claims for non-disclosure on life policies was out of the ordinary. Roger Edwards, product director at Bright Grey, said: "In terms of a company in its early stages of development, that figure is quite average." Jonathan French, spokesperson for the Association of British Insurers, agreed it was typical for a new company to have high declined rates in its early years that waned over time. The provider's claims statistics also showed 18% of ...