Mon to Thur 10:00am – 7:30pm / Fri 10:00am - 4:30pm
Call us on 0800 024 8685 / 01202 714177

Level and Decreasing Life Insurance for Mortgage and Family Protection

  • Up to 25% cheaper than going direct*
  • Free Will worth £150 with every policy*
  • 5 Star TrustPilot Rating

Critical Illness Cover will pay out upon diagnosis of a critical illness

  • Up to 25% cheaper than going direct*
  • Free Will worth £150 with every policy*
  • 5 Star TrustPilot Rating

Whole of life policies cover funeral arrangements, inheritance and tax bills

  • Up to 25% cheaper than going direct*
  • Free Will worth £150 with every policy*
  • 5 Star TrustPilot Rating

Over 50's plans are suitable for people with pre-existing medical conditions

  • Up to 25% cheaper than going direct*
  • Free Will worth £150 with every policy*
  • 5 Star TrustPilot Rating

Claim stats released by Royal London

12th June, 2017

Claim stats released by Royal London

Royal London has become the latest provider to release their 2016 claim statistics. 97.3% of all claims, totalling over £331m, were paid to policyholders last year. This includes nearly £1m paid in free cover claims, which is free cover provided to those waiting for their application to be processed.

Over 60% of all claims paid were also fast-tracked and paid within only three days, another benefit provided by Royal London. The figures also reveal that in total 92.2% of critical illness claims were paid and 96.8% of term life assurance.

Despite providers and advisers working hard to use real life stories to show how protection works and what happens when people have a lack of cover, claim statistics can only help to break through the myth regarding the reliability of protection.

« Return to industry news page