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.