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 [...]
Dentists’ Provident Society Income Protection Claim Statistics 2007
May 19, 2009 By
A post by Ray Prince, Certified Financial Planner Ray Prince has worked as a Financial Planner since 1994 and specialises advising medics and dentists throughout the UK. His passion is working with and helping clients who want an unbiased view as to how they can achieve their lifestyle and financial goals and objectives. To find [...]
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 [...]
Critical Illness Cover – Is It Worth It? – Hot Topics Q&A
September 21, 2008 By
Q. I’m thinking about applying for some critical illness cover. I’m in two minds about it as I have life assurance and income protection. I see that most plans cover a number of conditions. What figures are available for the claims paid out for these companies? I want to know that they actually honour their commitments [...]
