A ‘record-breaking’ claims payout announced by Partners Life attracted strong reader interest this week…
Partners Life paid more than $250 million in claims payouts for the financial year ending March 31, 2024, equating to 93% of claims paid.
In an adviser update the insurer describes this a “…record-breaking year for the business” and points to a cumulative $1.25 billion in claims paid since 2011.
Partners Life has also released a new online report This Is Partners Life – the story behind our claims that the firm says highlights its positive claims results and “…shines a spotlight on the vital role that our life and health cover plays in people’s lives.”
The report shows that the more than $250 million in claims paid comprised:
- $72 million in private medical cover
- $66 million in trauma cover
- $61 million in life cover
- $51 million in income and disability cover
The firm also highlights that it now insures more than 345,000 New Zealanders.
Click here to see the full report.
