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Breast cancer claims soar as screening improves

Scottish Provident has received record numbers of breast cancer claims, paying out more than £7m in the first six months of this year, according to its latest critical-illness figures.

The £7m paid out to 80 claimants up to the end of June was equal to a quarter of the total of £28m paid out on breast cancer claims since 1991.

ScotProv says the increase is due to better screening and awareness of early symptoms and treatment.

Cancer accounted for 55 per cent of claims, followed by heart attack at 13 per cent, stroke at 5 per cent and multiple sclerosis and heart surgery, both at 4 per cent.

In the six-month period, 20 claims totalling over £400,000 were paid out on child cover. Of these claims, 25 per cent were for cancers traditionally more common in adults, such as malignant brain tumours, melanomas and liver cancer.

ScotProv has paid more than £203m in CI claims since 1991, with £117m for cancer. The average age of claimants is 41 for women and 43 for men while the average payout is now £72,500, up from £66,000 last year. The average period that a policy is in force before claim is 37 months.

Abbey for Intermediaries head of protection, product development and marketing Nick Kirwan says: “By showing the number of claims we pay and the types of illnesses that people claim for, we can demonstrate the true value of critical-illness cover so that people can take it out in complete confidence.”


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