L&G paid out almost £300m for group protection in 2018

Rehabilitation services

clock • 1 min read

Legal & General has revealed that it paid a total of £292m in group protection claims in 2018.

Through its group income protection (GIP) policies, the insurer was able to help 631 employees return to work within the deferred period, with a further 269 employees returning to work outside the deferred period with the support of early intervention services. Following the ongoing trend in motion since 1999, mental health issues were once again the main reason for new GIP claims in 2018 (25%). In 2018, L&G facilitated almost 3,200 sessions for claimants suffering from physical and mental health conditions to its physiotherapy and psychological provider partners. Rehabilitation ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Income Protection

Tom Baigrie: 'Insurers and distributors are failing to market IP'

'We need to pick up the pace'

Tom Baigrie
clock 16 November 2020 • 3 min read

L&G paid out almost £300m for group protection in 2018

Rehabilitation services

Adam Saville
clock 09 May 2019 • 1 min read

'One in five' UK businesses lack expertise to manage absence

Zurich research

Adam Saville
clock 04 February 2019 • 1 min read