Scot Prov pays out nearly £94m in CI claims for 2009

The report shows that 91.3% of all claims were paid by the Glasgow based insurer, and just 1.7% of claims were declined due to non-disclosure, one of the lowest figures in the market. The average payout was nearly £76,000, with the largest payout just under £850,000. The average age of claimants was 46 years old, with the oldest claimant being 73 years old. Over the course of the year over £60 million was paid out for cancer claims and over £10 million in claims for heart attacks. Cancer accounted for 62% of total claims paid, with heart attacks making up 12% of the claims. Women ac...