CI payouts improve at Bright Grey - Life insurance - News - Moneyfacts


CI payouts improve at Bright Grey

CI payouts improve at Bright Grey

Category: Life insurance

Updated: 26/11/2012
First Published: 28/04/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Bright Grey has revealed an increase in the number of critical illness claims it has paid out over the last 12 months as well as a dramatic reduction in the amount of claims it declined for non-disclosure.

The protection specialist said it had turned down just 1.8% of claims as a consequence of policyholders withholding information relevant to their application, down from 12% the previous year.

In total 83% of critical illness claims were paid out and 91% of life claims to an overall value of £20 million.

"Non-disclosure has been an issue that has concerned the industry for a long time," said Roger Edwards, proposition director. "Our latest claims results show that we're making real progress." have partnered with Torquil Clark Life Insurance to help you find the best life insurance deal.

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