Three of the main providers of critical illness cover have released their claim statistics data, so you may be interested to find out what conditions policyholders are claiming for and whether the companies are paying out on the claims. BUPA These statistics are correct as at 30 September 2009, for a 12 month period. the [...]
Critical Illness Cover – Do Insurers Get it Wrong With Claims? – Hot Topics Q & A
June 28, 2009 By
Q. I’m looking to purchase life cover and critical illness cover. How often do insurers wrongly turn genuine claims down? A. This is a great question as some people’s perception is that insurance companies set out to try and turn down claims whenever possible. Let’s look at some numbers… In 2007 and 2008 (combined) there were [...]
More Critical Illness Stats & Summer Is Here – Ray Prince
May 3, 2009 By
You’ll have to excuse me if you feel I ‘bang on’ about critical illness claim statistics too much. The reason I mention it so much is that I know first hand what a devastating impact not having sufficient cover can have. I’ve simply seen too many case studies of families that did not have enough [...]
Critical Illness Claim Statistics 2008
March 24, 2009 By
In line with the trends of the last 3-4 years, many insurance companies have announced their claims statistics for critical illness cover. As a brief reminder, the idea with critical illness cover is that it will pay out a lump sum (usually) in the event of diagnosis of a number of serious illnesses. Critical illness [...]
