Scottish Provident paid £114 million in critical illness claims in 2008

Scottish Provident paid more than £114 million in critical illness claims in 2008.

• Total amount paid £114,685,006

• 1514 claims

• 86.7% of claims paid

• Average payout £75,750

• Largest claim  £552,487

• Average age 44

• Top 3 causes of claims; cancer, heart attack, stroke

• Top 3 causes accounted for 1180 claims

• 233 claims declined

• 13.3% of claims not paid

• 10.3% declined as claim did not meet listed definitions

• 3% declined due to non-disclosure

Critical illness: News update: 27/03/2009