Long term insurance: total benefits paid in the UK 2018 by business line

In 2018, pension insurance benefits paid were over 198 billion British pounds or nearly 91 percent of the benefits paid for all lines of long-term insurance. Since 2005, the value of long-term insurance benefits paid in the UK has seen an overall increase, reaching its highest value of over 218 billion British pounds in 2018. Long-term insurance in the United Kingdom (UK) includes life and annuities, pensions, and income protection and other businesses.