1. Asset management team

The asset management team aim to achieve the best possible returns for you. You'll also share in the performance of our other businesses.

2. Flexibility of payments

You can increase your regular monthly payments. You can also reduce the amount you pay on a monthly basis - just tell us when you want to reduce the amount you pay and by how much. The minimum and maximum you can increase/reduce your payments by can be found in the current Key Features document.

You can also take a break from your regular monthly payments. All you need to do is contact us to let us know when you want to take a break from and when you want to re-start paying (see our Plan Conditions for further information).

You can pay monthly by direct debit but you also have the option to pay yearly either by direct debit or cheque.

3. Paying lump sums

You are able to pay lump sums into your plan as long as there is at least two years to go until your plan end date. We can only accept lump sum payments by cheque.

The minimum amount you can pay in as a lump sum may change, so it's best to contact us and check before you send us any money.

4. Option to add waiver of premium

For an additional cost, you have the option to add waiver of premium. This is designed to cover your regular payments on your behalf if you are unable to do your normal job due to an accident or sickness. You have to pay the regular payments on your plan until the earlier of you being able to return to your normal job or reaching age 65.

5. A safety net

Protect your savings with a safety net which guarantees you will get back at least the amount you put into the plan (less any withdrawals you may have made) when your Flexible Savings Plan matures. The guarantee does not apply to any lump sums you may make in addition to your regular monthly payments.

6. Friendly society and mutual

We're the UK's largest friendly society and have been around since 1843. We're proud of our history and have maintained our company values. We''re also a mutual insurer, which means that we're owned by our customers, rather than shareholders. Because of this and our consistent financial strength we've designed a mutual bonus scheme, which rewards qualifying members, which includes investors in this plan.

7. Proven track record

When you take out a Flexible Savings Plan with LV= you get the reassurance of knowing that you're part of our long history of providing financial security for our members and customers.

8. Become a member

By taking out our Flexible Savings Plan you automatically become an LV= member. This gives you a range of benefits including:

9. Consistent values

When we started in 1843 as Liverpool Victoria, our goal was to give financial security and peace of mind to more than just a privileged few. And today it's much the same.

10. Clearly no jargon

We've designed easy to read customer documents to explain our plan and the options clearly in plain English. Our friendly agents are also available to answer any questions you may have.