LV= paid out 93% of Critical Illness (CI) and Income Protection (IP) claims in the 12 months to June 2011.

Only 1% of IP claims and 3% of CI claims were rejected as a result of non disclosure. A total of nearly £9 million was paid out in CI claims, and over £12 million in IP claims.

The average age of an IP claimant is 44 years old while the average age of a CI claimant is 47 years old.

Mental disorder is the most common reason for an IP claim (30%) and cancer is the most common reason for a CI claim (58%).

The average annual benefit for an IP claim is £14,389, paying out for an average of just over seven years

Mark Jones , LV= head of protection, said: “Our consistently high percentage of paid claims illustrates our firm commitment to supporting people in difficult times