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MENTAL health is the most common reason for Zurich customers making claims to protect their income when they need to take days off work. The Swindon-based insurance giant reports that the proportion of income protection claims that were caused by mental illness doubled in 2020. More than one in four (27 per cent) of the company’s clients struggled with mental health conditions last year, compared to 13 per cent in 2019, which made it the most common cause of claim. Ahead of Mental Health Awareness week beginning on Monday, the insurer revealed that around £1.7 million worth of payments were made to customers of individual policies who claimed on these policies. ....
Updated: May 5, 2021, 12:58 pm (Dominic Lipinski/PA) Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up The proportion of income protection claims triggered by mental health issues doubled in 2020 amid the coronavirus pandemic, according to an insurer. More than one in four (27%) such claims were triggered by mental health conditions last year, compared with 13% in 2019, making it the most common cause of claim, according to data from Zurich. It released the findings ahead of Mental Health Awareness week from May 10 to 16. Around £1.7 million of payments were made to individual policy holders who claimed. Some sought clinical support as part of their policy for conditions including depression, stress and anxiety, Zurich said. ....
A BOY from Llanidloes has smashed a fundraising challenge by swimming the distance of the English Channel. It took Bailey Morgan under seven weeks to swim 22 miles, or 2,082 lengths at the Llanidloes Sports Centre swimming pool. It was part of the Aspire Channel Swim challenge to help raise money for people affected by spinal cord injury. The total distance could have been shared between members of a team, but at only 10 years old at the time Bailey chose to swim the full distance alone. More than 35,000 metres later, the Ysgol Llanidloes pupil raised £500 for the charity. Dad Ross and mum Marie spoke of their pride at their son for completing the challenge. ....
Zurich looks to speed up protection decisions with new tool By Gary Adams 29 th January 2021 12:29 pm Zurich has released a pre-application tool that aims to reduce the time needed to provide indicative terms for advisers. The insurer says that its new software, which saves all records on one dashboard, supports 90 per cent of all current pre-application enquiries that are currently handled through its telephone-based support – which will remain in place, it adds. Advisers will be able to enter information such as client age, nicotine usage and required sum assured, with a choice of entering extra information such as lifestyle and medical history or using standard assumptions. ....