Scot Prov pays 90% of CI claims

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Scottish Provident has revealed it paid 90% of critical illness (CI) claims last year totaling £88m.

It declined 3% of claims for non-disclosure and 7% for not meeting the illness definition. In total 1,038 claims were paid and 118 declined, with an average payout of £84,873 and largest claim of £1,090,362. Cancer accounted for 63% of total claims paid, with heart attacks making up 12% of the claims. Women accounted for 60% of cancer claims. The provider paid 48 children's CI claims totaling £936,187. Although it did decline 15 claims (24%) of these it explained: "Our experience with children's claims is that thankfully, their ailments are often not ‘critical', nor do they p...

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