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Income Protection

Income protection It can take time to recover from an illness or injury. If it results in a loss of income, it could impact the everyday financial needs of you and your family. Last year, we paid 85% of all new income protection claims. In fact, we only declined 10% for not meeting the medical definition. 85% of all new income protection claims paid January to December 2013 0% 100% Claims paid during 2013 Highest pay out* Average pay out* 2,169 £6,225. £860 a month a month Average duration of claims ending in 2013 Average age of claimant* 47 5 years Did you know? Mental illness and musculoskeletal disabilities are the 33% most common cause of income protection of income protection claims in payment were for mental illness** claims at Friends Life. Key Mental illness I Musculoskeletal II Other I1 Nervous system I1 Cancer II Circulatory system III Accident Claims paid by gender Male claims Female claims Youngest claimant* Average age of female claimant* Average age of male claimant* Oldest claimant* 27 63 43 49 ** as at 31 December 2013. * These figures are correct at the benefit start date and represent new claims starting in 2013.

Income Protection

shared by rkimagemaker on Jun 06
The project was to create infographics for various areas of an insurance companies Protection cover. This graphic shows stats on income protection.




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