Legal and General announced today that in 2014 they paid out £520 million in individual protection claims. Not only is that £14.5 million more than in 2013, but an average of £1.4 million paid out to customers every single day.
Across their product range Legal and General paid out as follows:
98.3% of Life claims – £271 million
92.2% of Critical Illness claims – £161 million
91.1% of Children’s Critical Illness claims – £1.6 million
96.9% of Terminal Illness claims – £86 million
93.9% of Income Protection claims – £1.46 million
With Legal and General being a well-established partner of ours we are delighted to see the sheer volume of claims they have paid out, helping countless people in their time of need.
