Craig Paterson, Interim Chief Underwriter at Royal London responds to ABI figures which show £90m has been paid by insurers to help families cope with coronavirus deaths.
“At Royal London we have paid out claims to families of more than 1,200 customers as a result of deaths due to Covid-19, with the value of the claims totalling around £8.5m.
"Receiving a payout can help to ease the financial strain of bereavement, however money can’t always ease the emotional strain. Our Helping Hand service offered through all of our protection policies is available to customers and their families, so they can receive the emotional support they need to help them through this difficult time.”
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Notes to Editors
Claims paid out as a result of Covid-19 deaths are up to 30 June 2020.
For further information please contact:
Meera Khanna, Corporate PR Manager - Protection
- Email: Meera.Khanna@royallondon.com
- Tel: 02032 725129
- Mob: 079191 70502
About Royal London:
Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £139 billion, 8.6 million policies in force and 4,348 employees. Figures quoted are as at 30 June 2020.