Professional Adviser's protection detective rates five developments in protection in the last month and decides: 'Promising lead' or 'Back to the lab'...
1. Starter for ten British Friendly kicked the year off by being the first insurer to issue claims statistics for 2015, quickly followed by the release of a decade's worth of claims data, which was supported by a new online claims video featuring a number of policyholders talking about their claims experience. Over the last ten years British Friendly has paid 96.7% of its income protection claims. The most common reason for claims was orthopaedic/musculoskeletal conditions at 30% and the most common age range for claims was between 50-59 years old. British Friendly is aiming to...
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