Latest Liberty statistics reveal increase in cancer & cardio diseases as the leading cause of claims
The Liberty 2023 Claims Statistics have revealed an upward trend in cancer and cardiovascular diseases as the leading cause of claims. Liberty further indicates that R6,2 billion in claims were paid to over 29 000 individuals and beneficiaries last year.
The insurer notes that cancer remains the leading cause of claims, accounting for approximately 32% of all claims. Head of Risk and Technical Marketing at Liberty, Tom Crotty, says the biggest proportion of the retrenchment claims came from“If you look at the breakdown according to age, the biggest proportion of our claims coming in between 35 and 44 years old, slightly higher, or another significant proportion between 45 and 54. So, if you are in that prime of your career between 35 and 54, you could potentially be between 81% of all our claims.
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