Good day to all,
I have downloaded an article taken from the Money Marketing, page 23. Dated the 30 of June 2010.
I decided to put it up on the blog as i know that some of you are interested in claims that are actually paid by life companies.
Some of the interesting points:
- There has been no huge growth in life / risk policyholders in the last 10 years, yet claims payouts have doubled
- 28% of stroke victims claim again. Makes a good point for taking cover with “true” multiple claims cover.
- People are living longer and a 75 year old is 17 times more likely to suffer a heart attack than a 40 year old. So make sure that you have severe illness/critical illness/dreaded disease cover for the whole of your life. Discovery Life will accept cover till age 75 for severe illness (obviously, depending on your health).
I hope you enjoy reading the article, click here. (link removed- old)