Legal & General's Group income protection policy leads the way for employee rehab services
9 May 2019
Figures released today from Legal & General reveal that the FTSE 100 insurer paid a total of £292m in Group Protection claims in 2018.
- FTSE 100 insurer has focused on providing market leading rehabilitation services to provide better support for employees and speeding up recovery time, funding over 3,000 treatment sessions in 2018
- 18% of claimants in the UK that returned to work in the deferred period of their group income protection policies were supported by Legal & General
- Mental health issues remain the top cause of claims on Legal & General’s Group Income Protection policies
The latest statistics also show that the market leading rehabilitation and early intervention services provided as part of its Group Income Protection (GIP) policies helped 18% of total UK employees covered by GIP and who were absent from work due to illness back into the workplace during their deferred period.
Through its GIP policies, the insurer was able to help 631 employees return to work within the deferred period. A further 269 employees were able to return to work outside the deferred period with the support of the insurer’s early intervention services. The statistics also reveal that mental health issues continued to be the main reason for new GIP claims in 2018, accounting for 25% of claims.
Read the full press release via the link below