Scottish Widows pays 98.4% of protection claims in 2018

Pay-outs totalling £208m

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"I hope these figures help to dispel the myth that insurers don't pay out when customers need them most" - Scottish Widows' Scott Cadger
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"I hope these figures help to dispel the myth that insurers don't pay out when customers need them most" - Scottish Widows' Scott Cadger

Scottish Widows paid out 99.3% of life claims and 94.1% of critical illness claims made during 2018 - a total of 7,908 and 1,591 claims respectively.

This was an increase on the 7,469 life claims (98.99%) and 1,769 paid for CI (93.06%) last year. More than £208m was paid out in total - an average of over £4m per week - over the course of 2018. ...

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