The Group Risk industry provided financial support to a record number of families during 2016. Industry data compiled and published today by Group Risk Development (GRiD) shows that a total of nearly £1.5bn was paid out by the Group Risk industry during 2016, a £100 million increase on 2015. This helped a total of 24,925 UK families maintain their household’s financial resilience after the death, illness, accident or disability of a breadwinner. |
Group risk industry supports record number of families in 2016
UK Group Risk industry paid out £1.5bn in claims in 2016: a £100m increase on 2015, and equivalent to £4.1m a day
2,289 people were helped back to work with active early intervention support from an insurer Cancer was the main cause of claim across all Group Risk products Please click here to view the full article. |