Scot Prov pays out on 93% of CI claims

The Critical Illness Claims Report released today by Scottish Provident reveals that the total paid out to Critical Illness policyholders in the first half of 2009 reached over £43 million, with an average payout of £74,207. For the first half of this year almost £30 million was paid out for cancer claims and over £3.7 million in claims for heart attacks alone. Cancer now accounts for 62% of total claims paid in comparison to 54 percent for the same period in 2008. Claims paid for heart attacks, on the other hand, have marginally decreased - accounting 10% of all claims paid in the firs...