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Mortgage Payment Protection

Can protect your rent or mortgage payments as well as your living expenses

  • Protect yourself against loss of income due to accident or sickness
  • Optional unemployment cover if you're made redundant
  • Receive monthly income if you're unable to work
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Why you might want to take out our Mortgage and Lifestyle Protection

Our Mortgage & Lifestyle Protection plan is designed to help you pay your mortgage or rent if you can't earn your normal income because of accident or sickness. It can also protect your lifestyle and loved ones by providing more financial support to help maintain your standard of living.

Cover features

  • Get regular payments to help towards your rent or mortgage payments, the cost of living while you can't work or both.
  • Choose from level or inflation linked cover for your living expenses (you can only have level cover on your mortgage).
  • No limit to the number of claims for the accident and sickness cover.
  • Cover is flexible and you can change it in the future, as your life changes.
  • You can add unemployment cover but it's not available on it's own.
  • You won't have to pay your premiums while we are paying your claim.

Important information

  • We'll only pay a maximum of 12 months unemployment cover for any one claim and a total of 36 months over the lifetime of a plan.
  • Level cover won't keep up with inflation so may buy less in the future.
  • Premiums for unemployment cover include insurance premium tax. If the government were to change this tax your premiums may also change*.
  • If you stop paying premiums you won't get any money back and you'll no longer be covered.

* In the March 2016 Budget, Chancellor George Osborne announced a 0.5% increase to insurance premium tax, taking it from 9.5% to 10%. The increase comes into effect from 1st October 2016 and will only affect you if choose to include unemployment cover.

If you already have a plan that includes unemployment cover we’ll be writing to advise you of the small increase in your premium and the date the increase is effective from, over the next few weeks.

If you're thinking about taking out cover, remember, if you choose unemployment cover then your premiums will go up slightly after 1st October 2016.

How to buy our Mortgage and Lifestyle Protection?

All we ask is that you're a UK resident, you're aged 17 to 65, your plan lasts for at least five years (maximum age at plan end is 70) and your Mortgage Lifestyle Protection is at least £10 a month (as this is the minimum premium).

  • Read the product information to help you understand the benefits of the product.
  • Phone one of our friendly members of staff on 0800 756 8517 to discuss the product in more detail and get a quote.
  • The information given in these pages should not be seen as advice to take out this plan so if you're happy that the product meets your needs you can apply over the phone.

If you're not sure if this product is right for you, you can speak to a financial adviser. We advise on LV= products only.

You can phone us

Call our UK-based advisers for more information or a quote:

""

0800 756 8517
Quoting offer code IELO

9am - 7pm Monday to Thursday
9am - 5pm Friday

For existing customers call:

""

0800 678 1906

9am - 8pm Monday to Thursday
9am - 5pm Friday

TextDirect first dial 18001

We may record and / or monitor calls for training and audit purposes.

We offer advice on LV= products only.

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Are you an existing customer?

Make a claim

Useful information about making a new claim or finding out about an existing one.

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More about Mortgage & Lifestyle Protection claims

Membership services

Free access to qualified health, legal and counselling professionals.

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More on our Member Care Line

Make changes

Check or change policy details like your name, address, direct debit, request policy documents or put your policy in trust.

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Change your details

Which product?

Whatever your situation, we can help you choose the product that suits your needs.

Compare life cover products

Why choose LV=

An insurance provider you can trust established in 1843.

  • Easy claims process
  • Award-winning products

Policy documents

  • Policy summary
  • Plan conditions

View policy documents

Get advice

Speak to one of our advisers who can make sure you have the right cover for your needs.

Get some advice

LV=, County Gates, Bournemouth, BH1 2NF, UK