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Let's start with Brexit and your client's policies...

Brexit is a changing situation, but don't worry. We're keeping a close eye on it. For regular news and updates, please keep checking this page.

We believe that most of our policies won’t be affected by Brexit. But we’ve included more information below to help you get started.

For clients living in the United Kingdom

If your client holds an LV= protection, savings or retirement policy or an equity release loan and they permanently live in the UK

We don’t believe that their policy (and the service they get from us) will be affected by Brexit. However, it’s important to remember where their policy includes investments of any nature, they carry risk as values can go down as well as up. Political uncertainty (as well as other factors) can impact how their investment performs.

If your client plans to move to another European country

If your client holds an LV= protection, savings or retirement policy or an equity release loan and they have moved or plan on moving to an EU country

A small number of LV= customers live within the European Union / European Economic Area or might plan to in the future.

Our policy for all customers living overseas is for them to have a UK bank account, to pay premiums and receive policy proceeds in Sterling. Our Equity Release loans are only available to UK resident borrowers who occupy their property in England, Scotland or Wales.

Although the outcome of Britain leaving the EU and the precise impact is still unknown, if your client lives in the EU then we sent them a letter in early 2019. In the letter we explained that we don’t believe Brexit will affect their policy. We also outlined that we’ll carry on monitoring the situation closely and are planning for all potential outcomes, while continuing to deliver the same high level of service they expect from us.

Our commitment to you

We’ll continue to update these pages as the position on Brexit develops, so please check back for further information.

The Government has launched a portal which provides information for both individuals and businesses on preparing for Brexit.

If you want to talk to us about your client's policy then please call your usual servicing team or speak to your dedicated consultant.

FOR UK FINANCIAL ADVISERS ONLY
LV=, County Gates, Bournemouth, BH1 2NF, UK