Scot Wids cuts CI non-disclosure claims rate by 41%

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Scottish Widows reduced the number of critical illness (CI) claims declined due to non-disclosure by 41% between 2006 and 2007, the firm reveals today.

In 2006, the firm says it declined 8.4% of claims but this fell to 5% last year and Scottish Widows says the majority of those it does turn down are “avoidable”. Of the claims received during the 12 months from October 2006 to October 2007, the firm says 9% were also unsuccessful because the reason for making the claim was not covered by the policy definition. From January 2000 to October 2007, Scottish Widows paid out over £150m for over 4,540 CI claims. Richard Jones, protection market director at Scottish Widows, says: “The vast majority of critical illness claims are paid and the ...

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