The latest insurer to release statistics of their critical illness claims is Liverpool Victoria.
For the years 2002 to 2005 inclusive:
- Average payout = £70,000 - £72,000
- Average age of claimant = 45-47
- Average duration to claim = 22-25 months
- % of claims paid 77%
- % of claims declined due to non-disclosure 11%
- % of claims declined for other reasons 12%