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declined claims

Income Protection

Cirencester friendly pays 94% of IP claims; urges industry to follow

Cirencester friendly paid 94% of its valid income protection (IP) claims totalling £2.7m in 2010 and reiterated its call for other providers follow suit.

clock 15 February 2011 •

Critical Illness

Zurich rejects less than 1% of CI claims for non-disclosure

Zurich has revealed that less than 1% of its critical illness claims were declined for non-disclosure last year.

clock 02 February 2011 •

Regulation

Fraudulent claims should result in immediate annulment

Fraudulent insurance claims should allow the immediate cancellation of a policy, according to industrywide representations.

clock 17 December 2010 •

Protection

Risk Clinic: FIB vs lump sums

I sold my client a family income benefit (FIB) plan which has subsequently been claimed on. However, I was surprised to discover that the provider convinced my client to take the benefit as a lump sum instead. Should the adviser be informed about this...

clock 01 November 2010 •

Individual Protection

Bright Grey pays 98% of life claims

Bright Grey has announced it paid 98% of life claims in the first six months of the year.

clock 03 September 2010 •

Individual Protection

"Pay death claims in a week" - Munich Re

Death claims should be paid quicker and the protection industry needs to support its existing customers better, says Munich Re.

clock 21 July 2010 •

Critical Illness

L&G improves CI offering

Legal & General is enhancing its critical illness (CI) product to include four new illnesses and wider definitions for eleven conditions.

clock 21 May 2010 •

Individual Protection

Aegon unveils customer claims website and guide

Aegon has launched a website and guide aimed at helping customers understand the claims process.

clock 19 May 2010 •

Income Protection

End 'goalpost moving' and publish IP payments - Pioneer

Pioneer has hit out at providers who "change the goalposts" mid-claim while also joining the chorus of insurers urging all income protection (IP) claims approval rates to be published.

clock 26 April 2010 •

Critical Illness

Aviva pays out £118m in 2009 CI claims

Aviva paid out 1,499 critical illness (CI) claims during 2009, totalling almost £118m, with a 2% non disclosure rate, according to data released today.

clock 21 April 2010 •
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