Zurich pays out 97% of 2017 protection claims

A total of 867 critical illness claims were paid in 2017 (95%), at a cost of £65.2m to the insurer. Cancer - the most common cause of critical illness cover (CIC) pay-outs - alone accounted for 59% of CIC payments and amounted to £40m worth of claims. Heart attack was the second most common reason for claims (14%), followed by stroke (6%) and multiple sclerosis (3%). The average CIC claim last year was £75k and 54% were from men with the average claimant being 52 years of age compared to 49 years for women. Families with children covered by policies received £647k in total from pay-ou...