In Focus: Protecting the nationSep 3 2024

Protection insurers paid out record £7.34bn in 2023

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Protection insurers paid out record £7.34bn in 2023
Every day in 2023 over £20mn was paid out. (Photo: Kindel Media/Pexels)
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Group and individual protection policies paid out a combined record of £7.34bn in claims in 2023, data from the Association of British Insurers and Group Risk Development shows.

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