Life and critical illness payouts increase at L&G

The provider paid a total of £373m combined death and critical illness claims, bringing its five year total to £1.6bn in death and critical illness claims. An average payment per critical illness claim was £58,449m. A total of £226m was paid out on life claims with 2.2% declined overall. I£147 was paid out on critical illness with 8.2% declined overall. This total was split into 2.8% for non disclosure in its various forms and 5.4% for not meeting policy definitions. Russell Whitworth, Underwriting & Claims Director at Legal & General said: "Less than 2% of claims in 2010 were r...