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Personal Finance | Increase in depression and cancer diagnoses are driving up insurance claims | City Press

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Personal Finance | While death claims have fallen significantly since 2021, when the Covid-19 Delta variant claimed the lives of so many, other claims are on the rise. Claims for critical illness and lump sum income protection rose by 13%

Claims paid due to death decreased by 38% compared with 2021. However, claims for critical illness and lump sum income protection rose by 13%. The main driver of these has been cancer claims. Liberty has also seen a rise in claims for mental illness, including depression. Photo: Getty Images

While death claims have fallen significantly since 2021, when the Covid-19 Delta variant claimed the lives of so many, other claims are on the rise.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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