Life Protection from LV=
Life insurance isn't the easiest thing to talk about, but from just a few pounds a month you can help make sure that your family is financially looked after if the worst happened.
The following information should not be considered as advice to take out our Life Protection policy. It is up to you to decide if this policy is right for you. If you're unsure you should call us or speak to a Financial Adviser.
Life Protection quick guide
- Give yourself and your family extra peace of mind.
- Provides cover if you die or are diagnosed with a terminal illness during the policy term.
- Choose how much cover you want - paid as a lump sum
- Change the amount of cover as your circumstances change.
- Guaranteed premiums that can't increase.
- Choose the right sort of cover for you:
- level or decreasing
- single or joint life.
- You can choose to include waiver of premium.
Important things you should know
- If you stop paying the premiums for your policy you may not be covered.
- If you cancel your life insurance, you won't get back any premiums you've paid.
- If you die, we'll normally pay the lump sum to your estate. Inheritance tax could apply to the part that's worth over £325,000 (tax years 2011/2012 to 2014/2015).
- If you choose level cover, the amount of your cover is fixed when your policy starts. This means it won't keep up with inflation, and will buy less in the future.
- We won't pay a terminal illness claim in the last 12 months of your policy.
- Minimum term for this policy is five years, maximum term is 45 years.
- The policy must end before you reach 85.
To apply for LV= Life Protection:
All we ask is that:
- you're a UK resident
- you're between 17 and 79 years old
- your policy lasts for at least five years
- your premium is at least £5 a month
Call us
We offer a range of the protection, pension, annuity and investment products from the Liverpool Victoria group of companies. We also offer annuities and investments from a limited number of other companies you can ask us for a list of these.
To take out a new or amend an existing policy:
0800 202 8119
Quoting IEBO
Lines open:
9am – 8pm Monday – Thursday
9am – 5pm Friday
For Textphone call 18001 followed by the advertised number.
We may record and/or monitor your calls for training and audit purposes.