Figures showing insurance companies declined fewer than 3,500 of more than 102,000 protection claims last year "shatter the illusion" that providers don't pay, according to stakeholders.
The latest statistics from the Association of British Insurers (ABI) for 2013 show that, of a total of 102,384 claims submitted, 3,457 were declined, resulting in a 97% payout rate. The ABI's figures...
'People miscalculate how much they need'
Information request by AJ Bell
Could lose 97% of investment
'Document your conversations'