Aviva pays 92.5% of CI claims

The provider paid 755 CI customers an average of £81,000 each totaling £62m between January and June 2011, a 21% increase on the same period last year. The approval rate was down slightly from its 2010 end of year figure of 94.7%, with just 1.5% declined for non-disclosure and the remainder for not meeting the condition. The average age of female claimants was 44 years and two months and 45 years and three months for males. Cancer remains the most common cause of critical illness claims at 65.9%, followed by heart attack (11.3%) and stroke (7.9%). Aviva also paid £150m to life i...