Zurich pays 91% of group income protection claims in 2017
Rehabilitation plays key role
Zurich paid out 91% of new group income protection claims in 2017
Zurich has announced it paid out 91% of new group income protection (GIP) claims in 2017 - with average annual benefits of £26k. During the same period, 99% of group life claims were paid by the insurer.
Nearly half (46%) of all GIP claims fitted into the lower income bracket of under £25k and mental illness was the trigger of 28% of claims, followed by 26% for cancer and 14% for musculoskeletal claims....
More on Term Assurance
Spotlight On Income Protection
IFAonline presents a day dedicated to Income Protection
Aviva launches protection hub for advisers
Group protection and health
Cover Excellence Awards: Intermediary shortlists revealed
Thursday 10 October, The Brewery, London
L&G paid out almost £300m for group protection in 2018
Rehabilitation services
Back to Top
More news
Beating the odds: Adviser launches firm in two countries amid pandemic
Charlton House Wealth Management
Award-winning IFA launches Worcester advice firm
Woman of the year – investment advice
DFM on considering changing investment strategies post-Covid
It’s The Pro Adviser Podcast
Ombudsman warns Work and Pensions Committee over Covid-19 scams 'inundation'
£5m lost to fraud between February and June
