LV= Mortgage and Lifestyle Protection can help you pay your mortgage and living expenses when you no longer have an income.
Here are some frequently asked questions we've been asked about our Mortgage and Lifestyle Protect product which you may find helpful before making your decision.
Mortgage & Lifestyle Protection gives you long-term protection for your mortgage or rent payments to protect the home you love. It can also cover the cost of living if you can't work because of sickness or an accident. You also have the option of taking out unemployment cover. See types of cover.
The plan helps to protect your income long term, if you're unable to work as a result of an accident or sickness. You also have the option to add unemployment cover, which offers some protection if you become unemployed, to help you meet your mortgage payments and living expenses over a short period.
If you choose unemployment cover, the premium you pay includes Insurance Premium Tax. If the government change the rate of insurance premium tax, then the premium you pay may also change.
Yes, all you have to do is contact us. Once you've cancelled your direct debit payments your cover will stop and you'll no longer be insured. Remember, this plan has no cash in value at any time, so if you cancel your plan you get nothing back.
Yes. Terms for each policy under the plan can be the same, or overlap.
If you have a question which isn't answered above, you might like to search our interactive FAQs.
If you still can't find the answer you're looking for, you can contact us.
Please note that if your question is specific to your plan and not covered above, you may need to refer to your original plan documents or call one of our trained service advisers.
You can phone us
Call our UK-based advisers for more information or a quote:
0800 756 8517
Quoting offer code IELO
Textphone: 18001 0800 756 8517
We may record and / or monitor calls for training and audit purposes.
We offer advice on LV= products only