Royal London paid out on 99.1% of all claims it received last year - amounting to more than £517m in total - its claims statistics for 2017 have revealed.
Nearly £175m was paid in life and terminal illness claims, which amounted to 97.3% of term life insurance claims paid, with an average of nearly £113,000 per claim. For terminal illness, 92.3% of claims...
24 companies wound up
Latest financial stability report
'Strong social conscience'
Latest Financial Stability Report
After strategic review