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Aviva critical illness payouts for 2011

Aviva
Aviva paid £62 million to its critical illness customers during the first six months of 2011, a 21% increase on the same period last year.

 

755 people received payments between January and June 2011, averaging £81,000 each.

 

During the first six months of the year 92.5% of critical illness claims were paid, bringing the last 12 months’ claims paid percentage to 94.3%.

 

Aviva research has found that financial support can aid cancer patients in a number of ways:

 

  • Providing peace of mind to aid physical and emotional recovery

  • Giving people the chance to take time off work to recover / adapt to lifestyle changes

  • Relieving the stress caused by juggling work and illness / treatment side effects

  • Covering new expenses such as childcare and support around the home.

Critical illness insurance news: 19 October 2011