LV= Travel Insurance will cover Brits held up by Bardarbunga volcano

The Icelandic Meteorological Office has raised the warning level of the Bardarbunga volcano erupting to ‘orange’ – the second highest level – meaning there is a strong probability that passenger flights may be affected by volcanic ash in the next few days.

If the Bardarbunga volcano in Iceland does erupt and causes LV= premier travel insurance customers to be delayed by more than 24 hours, then LV= will pay for them to cancel their holiday or offer them up to £1,000 towards other travel and accommodation costs so they can still get to their destination. For LV= premier travel insurance customers who are already abroad and can’t get home, LV= will offer cover for the cost of additional travel or accommodation costs up to £1,000.

Selwyn Fernandes, Managing Director of LV= travel insurance, said: “As the summer holidays draw to a close, thousands of families will be returning from holidays and many more will be setting off to enjoy the bank holiday weekend. Any volcanic eruption could cause major delays at airports and leave people stranded.

“When the Eyjafjallajökull volcano erupted in 2010, we were the first insurer to offer to pay out for customers who were delayed or had to cancel their holidays. It is extremely unfair that people should miss out on their holidays because of an event like this and we advise all those planning to travel to check with the airlines before leaving home.”

About LV=

LV= employs 5,000 people and serves over five 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 brokers, and through strategic partnerships with organisations such as ASDA, Nationwide Building Society and a range of trades unions.

LVFS is authorised and regulated by the Financial Services Authority, register number 110035. LVFS is a member of the ABI, the AFM and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.

Press contact

Jon Sellors
Head of Corporate Affairs, Life & Pensions
020 7634 4447
07711 701806