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

Cambridge BS backs homelessness charity with £10,000 grant

The Cambridge Building Society has strengthened its partnership with homelessness charity Jimmy’s Cambridge by...

Hodge widens foreign national mortgage criteria with 95% LTV lending

Hodge Bank has expanded its foreign national mortgage criteria, increasing maximum loan-to-value limits and...

Landlords release more equity to fund buy-to-let improvements, says Paragon

Landlords significantly increased remortgaging activity to fund improvements to their buy-to-let properties during 2025,...

Gen H cuts high loan-to-value mortgage rates by up to 20bps

Gen H has reduced rates across its higher loan-to-value mortgage range, with the largest...

Rely launches limited edition buy-to-let products for lower LTV landlords

Rely has introduced a new limited edition range of buy-to-let mortgages for non-portfolio landlords,...

Latest publication

Other news

Cambridge BS backs homelessness charity with £10,000 grant

The Cambridge Building Society has strengthened its partnership with homelessness charity Jimmy’s Cambridge by...

Hodge widens foreign national mortgage criteria with 95% LTV lending

Hodge Bank has expanded its foreign national mortgage criteria, increasing maximum loan-to-value limits and...

Landlords release more equity to fund buy-to-let improvements, says Paragon

Landlords significantly increased remortgaging activity to fund improvements to their buy-to-let properties during 2025,...