Unum UK pays out £516m in group protection claims in 2024
The firm now covers 2.8 million people across its products, which is a 44% rise in the last five years.
Unum UK has paid out a record £516m in group protection claims in 2024, working out at nearly £10m each week.
The firm now covers 2.8 million people across its products, which is a 44% rise in the last five years.
The business also maintained a 97% success rate in supporting people back to work in 2024 with its group income protection policy.
Paula Coffey, director of claims, rehab and medical services, said: “Our continued success in helping workers return to work or reach an agreed outcome underscores our unwavering commitment to workplace wellbeing.
“By consistently going beyond the claim, we provide unparalleled support at every stage of an individual’s health journey – prevention, intervention, and protection – creating healthier and more resilient workforces.”
Unum’s Help@hand service saw more than 290,000 interactions in 2024.
Activity included clinical appointments, use of self-help content, 360 wellbeing scores and offers from BenefitHub.
Coffey added: “Our latest claims and vocational rehabilitation data reveal the profound impact of workplace protection.
Related
Unum UK dental claims rise by 35% as more employers turn to private care
Unum UK launches ‘UnumSync’ to help employers manage staff health and wellbeing
Unum UK launches Clinical Advice Line through Help@hand service
Sector gap widens in employee wellbeing support among SMEs – Unum UK
Dentists’ Provident paid out £4.9m in claims during 2024, report finds
47% of homeowners wrong about income protection and redundancy, analysis finds
Just 14% of full-time UK workers have income protection – Shepherds Friendly
Unum acquires Generali UK’s employee benefits business and joins GEB Network
72% of GIP claimants returned to work in 2024 – GRID
Employers and employees disconnect on health benefits, Unum survey reveals
Nearly half of young adults fail to save for time off work, OneFamily finds
