Life - Articles - Scottish Provident paid out 98% of life cover claims in 2010

 Scottish Provident's life cover claims summary released today reveals it paid out over £37.5 million* during 2010. The report shows 98 per cent** of total claims made in 2010 were paid.

 The report reveals that the average payout during the year was £77,712 and the average age of claimants in 2010 was 54 years old. Six per cent of all claims paid out were to claimants under the age of 35.

 Susan Barclay, Head of Marketing, Scottish Provident said: "Our life cover policy provides customers with peace of mind and financial security for their families should the worst happen. The 98% pay-out rate is testament to the value of our plans - they pay out when people need it."

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 * Total claims paid between 1 January and 31 December 2010 for life cover is £37,534,663

 ** Total per cent of claims paid between 1 January and 31 December 2010 for life cover is 97.8%

 For further information on Scottish Provident's claims statistics, please visit http://www.scotprovclaimspaid.co.uk/