Dentists’ Provident paid out £4.9m in income protection claims to its members during 2024, according to its 2024 claims report.
The majority of claims were paid to those aged 46 to 55, with the youngest claimant being a 27-year-old dentist.
The largest payment to an individual claimant was £87,880.
The report also showed a 97.5% claim payment rate.
Musculoskeletal disorders (27%), accidents (14%), and cancers (12%) remained the most significant reasons for claims last year.
Simon Elliott (pictured), chief risk officer of Dentists’ Provident, said: “Our members made significantly fewer claims in 2024.
“In particular, there was a notable reduction in claims for infectious diseases, reflecting the expected return towards historic trend rates.”
Elliott added: “Our high claim payment rate is a testament to the benefits of an integrated approach to underwriting and claims.
“By following a thorough underwriting process, we seek to minimise issues for our members when they really need us.”
Farrukh Mirza, CEO at Dentists’ Provident, said: “Our continued strength lies in putting our members at the heart of everything we do and doing what is right, not only for our current membership, but also for future generations.
“We make a considerable investment in our plans and our service, to give our members confidence that they have a dependable income protection plan that works for them.”
