LV= pays 93% of IP and CI claims

The trend mirrors that of the full year for 2010 which showed CI claims paid had risen to 93% with IP hitting 92%. Non disclosure accounted for 1% of IP declined claims and 3% of CI claims, with the remainder rejected for not meeting the definition. A total of nearly £9m was paid out in CI claims and over £12m in IP claims. The data reveals that the average age of an IP claimant is 44 and a CI claimant is 47. It also showed that mental disorder was the most common reason for an IP claim (30%) and cancer the most common for CI (58%), while the average annual benefit for an IP was...