The Exeter paid 94% of claims last year

Published on

Protection specialist the Exeter has revealed that it paid 94% of income protection claims in 2015.

Accidents, injuries, back and musculoskeletal problems accounted for almost 60% of paid claims.

Of the 6% of claims that were declined, 4% were for non-disclosure and 2% were due to the claimant still being able to work in their own occupation.

Andy Chapman (pictured), the Exeter‘s chief executive, said: “We have a proven track record of delivering on our promise to customers. We were the first insurer to publish our claims statistics in 2005 and have recorded consistently high figures year on year.

“Publishing claims statistics is a key factor in building consumer confidence in protection insurance. I am delighted that we are becoming a more open industry, committed to helping customers when they need protection the most.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Molo trims buy-to-let rates for UK resident landlords

Molo has reduced pricing across its UK resident buy-to-let mortgage range, cutting rates on...

Barclays targets mortgage growth as it pivots to retail banking

Barclays is stepping up its focus on the UK mortgage market as part of...

Gen Z driving homeownership demand as deposits shrink

Confidence in the UK housing market is improving with Gen Z buyers driving demand...

Brilliant Solutions makes sales director appointment

Brilliant Solutions has promoted Ivan Vizor to the role of sales director, following a...

TPFG expands intermediary footprint with Smart Advice deal

The Property Franchise Group (TPFG) has acquired an 85% stake in Smart Advice Financial...

Latest publication

Other news

Molo trims buy-to-let rates for UK resident landlords

Molo has reduced pricing across its UK resident buy-to-let mortgage range, cutting rates on...

Barclays targets mortgage growth as it pivots to retail banking

Barclays is stepping up its focus on the UK mortgage market as part of...

Gen Z driving homeownership demand as deposits shrink

Confidence in the UK housing market is improving with Gen Z buyers driving demand...