Scottish Widows pays 90.5% of critical illness claims

The company paid out just under 99% (98.9%) of life claims, remaining in line with the claims paid in 2014. Scottish Widows paid 90.5% of critical illness claims, an increase of 0.9% compared with 2014. The total number of claims paid for life cover was 7,649 and for critical illness it was 1,990. Of the declined life claims, 0.89% were due to mis-representation and 0.26% due to the definition of terminal illness not being met. Out of the declined critical illness claims, 6.7% were due to the definition not being met and 2.9% were due to mis-representation. A total of 9,639 individ...