CloseBy Katharine Moxham 20 June 2017
This is the time of year when the group risk protection industry’s ‘state of the nation’ reports are published, including GRiD’s 2017 Claims Survey figures for claims paid during 2016.
The headline stats are huge – £1.5 billion paid in 2016, equivalent to £4.1 million a day – and often difficult to put into context, but group risk protection benefits (employer-sponsored life assurance, income protection and critical illness) essentially revolve around people.
This is an industry that supports people and every number tells a story.
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