VitalityLife paid 99% of life claims, 93% of serious illness claims and 94% of income protection claims in 2016. In total, 807 claims were paid across all products.
The insurer said it paid a "record amount in claims" during 2016, with more than £33m paid in claims on its life, serious illness and income protection products.
The youngest person to receive a claim last year was aged just two years old, following leukaemia on their serious illness cover policy via children's cover.
The youngest adult claim last year was a 19 year old, where a death claim was paid due to Severe Traumatic Head injuries following a road traffic accident.
The average age of claimants for 2016 was 42 for serious illness cover, 45 for income protection and 56 for life cover.
The most common reasons for claiming on income protection in 2016 were mental illness (26%), musculoskeletal (22%) and cancer (10%). The most common reason for claiming on serious illness cover in 2016 was cancer (59%), followed by other conditions such as heart attack and stroke.
VitalityLife deputy CEO Deepak Jobanputra said: "Our aim is to give our members peace of mind about their financial future while helping them to lead healthier lives.
"These claims statistics demonstrate the real value protection products can provide and show that members and their families will be supported when they need it most."
LifeSearch head of customer care Emma Thomson described the claims results as "very positive", adding: "Protection policies provide much needed financial support to clients and their families when tragedy strikes, and these latest figures once again dispel the myth these plans don't pay out, because nearly all do.
"They also show young people as well as older consumers benefit from this valuable cover. Publishing data like this helps to further increase consumer confidence and interest in protection and is therefore very welcome."
The chairman isn’t answering his email
Reforms not enough
An economic cocktail
To encourage consumers to shop around
Will report to Pat Shea