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

Fleet Mortgages joins LMS panel link

Fleet Mortgages has joined LMS Panel Link in a move intended to improve lender-law...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let rates by up to 0.12%. The...

Halifax and Lloyds cut mortgage rates by up to 14bps across purchase and remortgage ranges

Halifax and Lloyds Bank have reduced rates across a range of first-time buyer, home...

Leeds appoints BDM to support Midlands brokers

Leeds Building Society has appointed Lee Nicholls as business development manager for the Midlands. Nicholls...

Paradigm calls for mandatory advice for first-time buyers

Paradigm Mortgage Services has called for mandatory regulated mortgage advice for all first-time buyers,...

Latest publication

Other news

Fleet Mortgages joins LMS panel link

Fleet Mortgages has joined LMS Panel Link in a move intended to improve lender-law...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let rates by up to 0.12%. The...

Halifax and Lloyds cut mortgage rates by up to 14bps across purchase and remortgage ranges

Halifax and Lloyds Bank have reduced rates across a range of first-time buyer, home...