UK life insurance industry trends in 2015 suggests that contrary to the popular beliefs, a huge amount of pay-out is given to the policyholders. Giants of the UK life insurance market have published data stating that they have paid nearly 3.6 billion pounds as part of their life insurance claims.
Zurich, Aviva, Aegon, AIG, Scottish Widows and LV= have paid millions to people who made claims against critical illness, term life insurance, income protection, permanent disability and whole of life cover. The infographic gives an elaborate, easy to understand, pictorial and factual summary of payments made by UK insurance market in 2015. It gives precise information by categorically giving statistics about pay-out made by leading six insurance providers.
By studying it, one can easily find and compare the UK insurance market share of each insurer and segregate pay-outs for each type insurance. A detailed study helps in understanding the performance of UK life insurance industry in 2015.