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Pays out a regular income should the worst happen - helping provide better financial security for your family

Family Income Assurance

If your client was to die or become terminally ill, their family may struggle to meet all their financial commitments with no income coming in.

Our Family Income Assurance can provide peace of mind by providing a tax free income if your client was to die or be diagnosed with a terminal illness.

Cover features

  • Level or inflation-linked cover.
  • Pays an income every 3 months (can convert at claim to a reduced lump sum).
  • Guaranteed premiums.
  • Waiver of premium option.
  • Terminal illness benefit as standard.
  • Society membership rights for your client

Important information

  • If you choose level cover, it won't keep up with inflation and could buy less in the future.
  • There is no cash in value at any time.
  • If your client stops paying their premiums, cover may cease.
  • If your client is diagnosed in the last 12 months of their plan, we won't pay a terminal illness claim.
  • We won’t pay a claim if you die as a result of intentionally taking your own life within the first 12 months of your policy.

Because Family Income Assurance pays an income every three months, it’s often more affordable compared to other types of life insurance, which pay out a fixed one-off lump sum.

Choose from two different cover options depending on your client's need

How to buy

Find out if your client is eligible

To get a quote for Family Income Assurance please call us on 0800 678 1890 or email us on protection.admin@lv.com. We’re open Monday to Friday from 9am to 5.30pm Monday to Friday.

You can apply for Family Income Assurance via our paper application form.

0800 678 1890

TextDirect: first dial 18001

8.30am - 6.30pm Monday - Friday

We may record and/or monitor calls for training and audit purposes.

Literature

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Need more cover?

Take a look through the other protection products we offer within our Flexible Protection Plan.

View our Flexible Protection Plan

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Trusts

See our trust options and use our Trustbuilder to find the option most suited to your client's needs.

More about our trusts

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Member benefits

Taking out a Family Income Assurance plan entitles your client to member benefits.

More about our member benefits

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Contact us

Read more about where we're based and all of our contact information.

How to contact us

Connect with us

About protection

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