GIP claims data now amalgamated

The group risk trade body said the inaugural analysis found GIP supported 13,500 claimants but that just 6% of the employed population were currently covered through their employer. In total £292.3m was paid out with £82.3m of that figure made up of new claims from 2010. The statistics also reveal the average annual benefit stands at £21,500 - just £2,500 less than UK average earnings. Grid suggested they provided a clear indication of just how valuable these policies are to Britain's workers as well as showing how many employees are currently missing out on this crucial benefit if...