Income Protection cover
Could you still pay the bills if you were sick or had an accident? Protect your family and make sure money is there when you need it most with our income protection insurance.
Not sure about some of the words we use? Turn on our Glossary here.Glossary loading...
Income protection - The basic facts
- Protects you against loss of income if you're unable to work because of accident or sickness.
- You get a regular monthly payment while you're unable to work.
- You can insure up to 55% of your gross earned income.
- No limit to the number of claims
- If you stop paying premiums you won't get any money back and you'll no longer be covered.
The information on this page shouldn't be taken as advice. It's up to you to decide if it's right for you and you should speak to a Financial Adviser if you're not sure.
0800 587 3057 Quoting offer code IELO
Our lines are open Monday to Thursday 9am - 8pm. Or Fridays 9am - 5 pm. We offer advice on LV= products only. We may record and / or monitor calls for training and audit purposes. For textphone dial 18001 first.
Additional benefits
- Back to work support available.
- Career break option available.
- Guaranteed increase options.
- You can choose from:
- guaranteed or reviewable premiums
- level or inflation-linked income protection. - Cheaper budget cover also available.
Important information
- Budget cover will only pay out for two years.
- Level term has a fixed amount of cover, it won't keep up with inflation so will buy less in the future.
- Reviewable premiums do not change within the first 5 years of your policy starting, but after that could change every year.
How to buy income protection
All we ask is that you're a UK resident, you're aged 17 to 59, your policy lasts for at least five years and your income protection premium is at least £5 a month.
1. Read the product information to help you understand the benefits of the product.
2. Phone one of our friendly members of staff on 0800 587 3057 to discuss the product in more details and obtain a quote.
3. If you're happy that the product meets your needs you can apply over the phone.
Why choose LV=
At LV= it's our mission to treat people like family. As a friendly society our customers have a direct say in the way we run our business and as a result they're at the heart of any decisions.
- 93% of claims paid last year.
- £12 million worth of claims paid.
- Defaqto 5 star rating for quality of cover.
- Easy claims process.
