Liberty reported that it paid out R10.12 billion in claims under its flagship Lifestyle Protector policy, to 43 600 individual clients and their beneficiaries, in 2021. This represents a 59.6% increase from the previous year. The substantial rise was due to the cumulative effects of the second and third waves of Covid-19. Liberty said Covid-19 related claims amounted to R3.47 billion, with over 61% of these claims related to Life Cover for mortality events, including funeral claims.
