Press releases

Cardiovascular disease highest amongst those in manufacturing.

Diane Buckley - Managing Director - Group Risk
Diane Buckley
Managing Director
Group Risk

26 July 2012

Diane Buckley - Managing Director - Group Risk
Diane Buckley
Managing Director
Group Risk

Legal & General has today published the latest in its series of analyses of its Group Income Protection (GIP) claim statistics. The latest analysis has shown that GIP claims for cardiovascular disease are highest among those working in general manufacturing.

  • In an analysis of all Legal & General's GIP claims since 2000, the figures show that 6% were for cardiovascular diseases.
  • Of the five industries with the highest amount of cardiovascular claims, manufacturing was the largest, representing 43% of those claims.
  • The Wholesale trade came out lowest, with 7% of the group
Group Income Protection (GIP) claim statistics
Incapacity GroupIndustrial classification level 1%
 CardiovascularManufacturing  43
  Service industries25 
  Finance, insurance & real estate 15
  Transportation, communications & utilities 10
  Wholesale trade 7

 

The findings underline the disproportionate impact cardiovascular disease has on certain sectors and the importance of taking steps to reduce the incidence of heart disease in these sectors.

Commenting on the findings, Diane Buckley, Managing Director, Legal & General Group Protection said,

"Managing heart disease is a key part of handling absence in modern workplaces. These figures show the importance of providing tailored support to employers and employees."

John Delfosse, Legal & General's Consulting Medical Officer said," These very interesting findings support the need to promote life style changes encouraging a healthy diet, weight control and increased physical activity to minimize the future impact of coronary heart disease".

Notes to editors

The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions. The Legal & General Group, established in 1836, is one of the UK's leading financial services companies. As at 31 March 2012, we were responsible for investing £378 billion worldwide on behalf of investors, policyholders and shareholders. We also had over seven million customers in or our life assurance, pensions, investments and general insurance plans.

Group Income Protection aims to provide insurance to pay income protection benefit to employees who cannot work because of long-term illness or injury. When appropriate, we'll provide early intervention and rehabilitation for employees who are absent from work because of long-term illness or injury. Benefit will only be paid if the employee meets our specific definition of long-term illness or injury.

Data
The data in this release comes from Legal & General's internal data of claims notified between 2000 and 2011.
Only industry classifications where the number of claims related to this category of incapacity is greater than 5% of the cohort are used.
Sectors for which there is insufficient data have therefore been omitted.


For more information please contact:

Alyson Bowcott

Alyson Bowcott
PR Manager, Legal & General Group

t: +44 (0) 20 3124 2092
m: +44 (0) 7764 582574
e: alyson.bowcott@landg.com


Close
Loading...