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

Paymentshield: home insurance referrals climb sharply as advisers embrace referral model

Advisers are increasingly turning to referrals for home and landlord insurance, with new data...

The Dudley appoints head of intermediary relations

Dudley Building Society has appointed Paul Purewal as head of intermediary relations as it...

Louisa Sedgwick on Paragon and the future of buy-to-let

Three decades into a career she never really planned, Louisa Sedgwick sits at the...

LendInvest funds £17.3m bulk acquisition bridge at 90% LTV

LendInvest has completed a £17.3m portfolio bridging loan to support the bulk acquisition of...

Air steps up adviser education with later life lending webinar programme

Later life lending platform Air has launched a new webinar campaign aimed at broadening...

Latest publication

Other news

Paymentshield: home insurance referrals climb sharply as advisers embrace referral model

Advisers are increasingly turning to referrals for home and landlord insurance, with new data...

Positive Lending expands regional sales team with new appointment

Specialist packager Positive Lending has appointed Dean Preston as regional account manager as it...

The Dudley appoints head of intermediary relations

Dudley Building Society has appointed Paul Purewal as head of intermediary relations as it...