With LV=’s recent ‘Income Roulette’ report finding a third of people (33%) in the UK are not confident they could handle a personal financial crisis, it is clear the need for a safety net to protect against financial shocks is vital. Income Protection can give consumers peace of mind that they’d be protected if they were unable to work for a period of time, yet very few people have protection in place. LV= is hosting these webinars to help advisers sharpen their skills and make income protection a core part of the conversation when speaking to clients about protection.
The CPD accredited sessions will take place on Wednesday 29th November and Friday 1st December at 10am-10.45am. Focusing on the three risk groups highlighted in the report - Middle Britain, Self-employed, and Generation Debt - LV= will explore attitudes towards debt and savings, what protection they have in place and common objections. They will also discuss safeguarding client’s income; explaining the need for protection, the importance of advisers and what cover options are available.
Justin Harper, Head of Marketing and Industry Relations, at LV=, said: “At LV=, we want to ensure as many people as possible are protected against personal financial shocks. Our ‘Income Roulette’ report highlighted the staggering number of people who would struggle should they find themselves unable to work for a period of time. We are hosting these webinars to help advisers know how to identify, and speak to, clients who may be in this situation. It is just one way in which we continue to support advisers and ensure their clients are protected against all eventualities.”
About LV=
LV= serves over 5.8 million customers with a range of financial products. We are the UK’s largest friendly society and a leading financial mutual.
When we started in 1843 our goal was to give financial security to more than just a privileged few and for many decades we were most commonly associated with providing a method of saving to people of modest means. Today we follow a similar purpose, helping people to protect and provide for the things they love, although on a much larger scale and through a wide range of financial services including insurance, investment and retirement products.
We offer our services direct to consumers, as well as through IFAs and insurance brokers.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. LVFS is a member of the ABI and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.