Zurich has revealed its payment rates for group income protection (GIP) claims for the first time.
Over 97% new claims were accepted last year with employees benefitting from annualised payments averaging £37,900. During 2016, cancer was the main cause of claims at 27%, followed by mental health (19%)...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November