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The Life Insurance Market
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Insurer Bright Grey deserve a pat on the back after announcing they paid 93% claims on their critical illness policy last year. That rate is one of the best in the industry and an improvement on their last set of figures.
They also declined just 2% of claims for non-disclosure, a very small amount indeed.
The number of Critical Illness claims that are declined by the insurance industry has dropped significantly in the past 4 years and around 90% of claims are now paid across the industry as a whole.
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