Zurich pays 92% of CI claims


Zurich has revealed it paid 92% of critical illness (CI) claims last year.

The results are an improvement on those from the first six months of the year. Just 8 claims, 1.2% of the total, were declined due to non-disclosure with the remaining 6.8% turned down for the definition of the condition not being met. The non-disclosure rate has now remained static for the past three years. In all £64.5m was paid out to 796 claimants, a slight increase on the 787 claims in 2010. The largest single claim paid out was for £1.1m. Of the top four conditions covered, 58% of payments were made for cases of cancer, up from 50% in 2010 and 48% in 2009. The next t...

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