Income protection cover quick guide
- Protects you against loss of income because of accident or sickness.
- You get regular payments while you can't work.
- You can insure up to 50% of your gross earned income.
- You can choose from:
- guaranteed or reviewable premiums
- level or inflation-linked income protection. - No limit to the number of claims.
- Cheaper budget cover available.
- You can take out income protection plan until you're 65 (depending on your occupation).
Important things you should know
- If you stop paying the premiums for income protection insurance, you may not be covered when you need it most.
- If you cancel the plan, you won't get any refund or get back any premiums you've paid.
- This information shouldn't be considered as advice to take out our income protection plan. It's up to you to decide if it's right for you. If you're unsure you should contact us or speak to a Financial Adviser.
Watch the real-life story of someone who hadn't taken out any income protection cover because he didn't think it would happen to him. The link above opens in a new window.
Who can apply for LV= income protection cover?
All we ask is that:
- you're a UK resident
- you're aged 17 to 59
- your policy lasts for at least five years
- your income protection premium is at least £5 a month
Is our income protection not right for you?
Next steps
Our income protection plan is just one of our many life insurance products, and may not be the most suitable one for you. Have a look at our other life policies.



