The group risk industry has published its paid claim rates for the first time - revealing it paid 99.6% of life insurance claims, 82% of income protection and 81% of critical illness.
Industry data compiled by Group Risk Development (Grid) revealed a total of £1.24bn was paid out during 2013 to a total of 24,102 UK families. During 2013 there were 8,803 group life claims tota...
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