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

more2life urges FCA to mandate signposting of all later life lending products

more2life chief executive Dave Harris has called on the Financial Conduct Authority (FCA) to...

Residential transactions up 17% in May despite ongoing uncertainty

UK residential property transactions rose 17% in May 2026 compared with the same month...

Paragon Bank launches £1,000 cashback deal

Paragon Bank is offering £1,000 cashback across 21 products within its buy-to-let mortgage range. The...

Atom bank launches 95% LTV near prime mortgages

Atom bank has launched a 95% LTV near prime range and reduced rates across...

Just Mortgages self-employed division nears 500 advisers after 10 years

Just Mortgages is celebrating 10 years of its self-employed division after growing from just...

Latest publication

Other news

more2life urges FCA to mandate signposting of all later life lending products

more2life chief executive Dave Harris has called on the Financial Conduct Authority (FCA) to...

Residential transactions up 17% in May despite ongoing uncertainty

UK residential property transactions rose 17% in May 2026 compared with the same month...

Paragon Bank launches £1,000 cashback deal

Paragon Bank is offering £1,000 cashback across 21 products within its buy-to-let mortgage range. The...