Scottish Provident paid 93 % of critical illness
claims in the first half of 2012. Just 2 % of claims were rejected for
non-disclosure.
Total claims paid between 1 January and 30 June
2012 for critical illness is £43,303,919.
The average payout was £84,743 with the largest
payout £1 million. The average age was 49 and the youngest adult 22. Over half
of all claims were for cancer (60 %), followed by heart attack (16 %) and
stroke (6 %).
Susan Barclay of Scottish Provident says, "The diagnosis of a
critical illness has a financial as well as an emotional impact on a family.We
urge people to get their finances in order. A financial payout is essential to
help people to continue to make ends meet should their income suddenly stop due
to a critical illness or disability."
