L&G increases CI claims paid

The figure has increased figure every year since 2005, when it was 79%. Last year's results show that 1.8% of the rejections were for non-disclosure and 4.6% were for not meeting the policy definition. In total, £152 million was paid out, while the average payment was £70,731, and the average age of claimant was 44. Cancer, terminal illness, heart attack, stroke and Multiple Sclerosis are the main five reasons for claims. Bernie Hickman, managing director of protection at L&G, said: "We're in the business of paying claims and that should be the main purpose of any insurance prov...