Particular person safety claims payouts at MetLife UK hit a
new excessive within the first quarter of the yr.
Whole claims paid within the first three months rose by 25% to
three,216 and the worth of claims paid rose by 28% to £2.4m.
Round two out of 5 claims paid through the quarter
have been from clients or their youngsters struggling damaged bones, which is roofed
by MetLife UK’s MultiProtect coverage.
Claims paid in April and Might this yr topped greater than
2,220 and have been valued at almost £1.6m, placing MetLife UK on target for an additional
report yr in 2019.
The whole paid in claims in 2018 was 22% greater than the
earlier yr.
Richard Horner, head of particular person safety at MetLife
UK, stated the figures present MultiProtect is enjoying an more and more
essential function in masking clients for on a regular basis dangers and widening the
choices for advisers.
“The truth that round two-fifths of claims are for damaged
bones suffered by clients or their youngsters highlights how advisers are
supporting their purchasers by providing cowl that meets their wants at a time
after they want monetary assist,” he said.
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