Cirencester Friendly Pays 95.7% of Income Protection Claims in 2019

Cirencester Friendly, one of the top UK friendly societies, has just released its claims data for 2019. Last year, it paid 95.7% of all Income Protection claims it received, worth a total of £5.9 million.

Cirencester Friendly Logo

Cirencester Friendly Paid 95.7% of 2019’s Income Protection Claims

Cirencester Friendly’s latest claims statistics for the 12 months to December 2019 have just been released, revealing that the mutual society paid 95.7% of all Income Protection claims received in 2019. This is above its 10-year average of 94% of claims paid each year over the past decade.

In total, Cirencester paid out almost £6 million worth of Income Protection benefits in 2019.

The top reasons people made claims on their Cirencester Friendly Income Protection last year were:

  • Accidents and injuries
  • Back / neck / shoulder / musculoskeletal / arthritis
  • Hip / knee problems
  • Mental health issues
  • Infectious diseases
  • Cancer
  • Heart / circulatory problems.

Cirencester Friendly’s Income Protection Claims in Figures…

  • The oldest claimant was 65
  • The average age of a Cirencester Friendly Income Protection claimant was 40 for men and 43 for women
  • The average annual amount a claimant received from Cirencester last year was £3,750
  • The highest annual payout was £39,102
  • Cirencester’s longest-running claim has been ongoing for more than 25 years as of January 2020.

Tom Conner Director at Drewberry
Tom Conner :: Director

“It’s great to see yet another friendly society leading the pack when it comes to publishing their claims data — Cirencester Friendly is the third friendly society which has released its claims data in rapid succession, building huge confidence in not only the Cirencester brand but also in mutual societies as a whole.

“While potential clients may be keen to go with an insurer they’ve heard more about — e.g. household names Aviva or Legal & General — because they have more confidence in a larger insurer, friendly societies are often just as good if not better at paying claims, which is what really matters.

“Moreover, friendly societies are run for their members with their members in mind rather than to turn a profit for shareholders, another important factor to consider.

“Another key fact found in the Cirencester Income Protection 2019 claims report is that Cirencester’s longest ongoing claim is more than 25 years as of January 2020!

“This means one client has been out of worth through illness or injury for this length of time, proving just how valuable long-term Income Protection to support you indefinitely until retirement age is compared to a short-term product that will only pay out for 1, 2 or 5 years at most.”

I've had a very good experience. Sophie kept me up to date and was very helpful. I am really pleased with the product I received and the whole process was much easier than if I had attempted to do it myself.

Katherine Collins
Compare Top 10 UK Insurers
Takes approx. 60 seconds
  • £

Or call us on 0208 432 7333

Compare Top UK Insurer Quotes Logos
Contact Us
Head Office & Pensions and Investments
Millennium Bridge House
2 Lambeth Hill
Personal Insurance & Accounts Payable
Telecom House
125-135 Preston Road
Drewberry London Office MapDrewberry Brighton Office Map
Our Core Principles
  • 1You Come FirstWe are a client focused business who always aim to put you first.
  • 2We are ExpertsTo provide you with the best advice, we need to know our stuff!
  • 3We are HumanWe are real people with feelings who are here to help you.
  • 4We are ProfessionalProviding a 5-star service requires a professional approach to everything we do.
  • 5We are here to EducateWe don't believe in sales, we are here to educate so you can make informed decisions.
Finalist - Moneyfacts AwardsFinalist - Cover Excellence AwardsHighly Commended - Protection Review Awards
Proud member of AMII (Association of Medical Insurers & Intermediaries)Proud member of Money Advice ServiceProud member of UnbiasedProud member of BIBA (British Insurance Brokers' Association)
Cookie Use

Drewberry™ uses cookies to offer you the best experience online. By continuing to use our website you agree to the use of cookies. If you would like to know more about cookies and how to manage them please view our privacycookie policy.