Skandia CI claims declined for non-disclosure zero in '08

According to the insurer, 226 claims were met last year, representing 89%, with not a single claim declined due to non-disclosure. It paid out £24m in total and the 89% of claims met is up from 87% in 2007. "We've concentrated on ensuring our application forms are clear and user friendly in order to successfully reduce the number of claims not paid for non-disclosure," Skandia protection marketing manager Ian Brown says. "These results show those steps are working." Skandia's average payout was £106,442 with the largest claim paid totaling £1m. Of the claims paid to date, cancer remai...