Discovery sees spike in claims due to suicide for over 50-year-olds

Moneyweb

Discovery Life paid out over 99% of claims in the past year, with a rise in suicide death claims among individuals aged 41 to 60. The insurance company highlighted this concerning trend during a media conference, revealing that 35% of unnatural death claims were due to suicide, with a 62% increase in suicide claims for individuals over 50 in 2024 compared to the five-year average.
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