Figures released today from Legal & General reveal that the FTSE 100 insurer paid a total of £292m in Group Protection claims in 2018.
9 May 2019
The latest statistics also show that the market leading rehabilitation and early intervention services provided as part of its Group Income Protection (GIP) policies helped 18% of total UK employees covered by GIP and who were absent from work due to illness back into the workplace during their deferred period.
Through its GIP policies, the insurer was able to help 631 employees return to work within the deferred period. A further 269 employees were able to return to work outside the deferred period with the support of the insurer’s early intervention services. The statistics also reveal that mental health issues continued to be the main reason for new GIP claims in 2018, accounting for 25% of claims.