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

Barclays fast-track remortgage launches after MAB pilot

Barclays is rolling out its new fast-track remortgage proposition across the market following an...

Sesame Bankhall steps up OneView development through JammJar partnership

Sesame Bankhall Group has formed a technology partnership with JammJar to accelerate the development...

NPTN by LMS assembles industry panel to examine property market reform

NPTN by LMS will bring together senior property industry figures for a live webinar...

Together webinar to examine portfolio landlord lending strategies

Together is to examine changing landlord trends and portfolio lending strategies in a broker...

Alps and Guarantor Insure launch cover for student guarantors

Alps and Guarantor Insure have launched an insurance scheme intended to protect people acting...

Latest publication

Other news

Barclays fast-track remortgage launches after MAB pilot

Barclays is rolling out its new fast-track remortgage proposition across the market following an...

Sesame Bankhall steps up OneView development through JammJar partnership

Sesame Bankhall Group has formed a technology partnership with JammJar to accelerate the development...

NPTN by LMS assembles industry panel to examine property market reform

NPTN by LMS will bring together senior property industry figures for a live webinar...