Archive note: this article originally discussed protection claims in 2013. Those figures are historical and cannot be used to predict whether an individual claim will succeed today.
The Association of British Insurers’ historical market report records approximately £3.1 billion in individual protection benefits paid in 2013. The amount reflects that year and the products included in the report; it is not a current claims total or a guarantee of payment under a particular policy.
For a clearer explanation of what claims figures can and cannot tell you, read our updated guide: What protection claims figures can—and cannot—tell you. A claim depends on the policy terms and the individual circumstances. Check your own policy documents or ask the insurer if you have a question about existing cover.
