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Scottish Provident pays 93% of critical illness claims

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Scottish Provident paid out on 93% of all critical illness claims between January and June 2009 (an increase of 6% on the first half of 2008).

 

Scottish Provident paid out to its critical illness policyholders in the first half of 2009 over £43 million, with an average payout of £74,207.

 

For the first half of this year almost £30 million was paid out for cancer claims and over £3.7 million in claims for heart attacks alone.

 

Cancer now accounts for 62 % of claims paid in comparison to 54 % for the same period in 2008. Claims paid for heart attacks have decreased to 10 % from 12%.

     

Critical illness: News update: 04/09/2009

 

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