Cancer survivor secures €1m payout

A woman who contracted cancer and survived was paid €1m by Irish life on a specified illness cover policy in 2012.

Ireland’s largest life assurance company paid out €125m to customers and dependants in 2012 and said signs are emerging of a new “super- claim” category with six death claims paid at least €1m, one of €5m last year.

However, the average claim for life insurance was just over €71,500.