Half the life insurance claims received by Scottish Provident last year were made for those under 55 years old, the insurer has revealed.
It noted that the average age of claimant was 56 and that it paid out almost £42m in benefits to bereaved families. Scottish Provident said the data served as a reminder for adults of all ages to look after their financial responsibilities throughout the whole of their lives. The figures show that nearly one in five claims paid out (18%) were for policyholders aged just 44 or under, with a further third (32%) aged between 45 and 54 years old. In total during 2011 the provider paid out £41,863,503 in life cover claims with the average claim being £84,744. Jennifer Gilchrist, seni...
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