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Suitability wording

Below are the suitability letter builders for Income Protection and Personal Sick Pay. For other cover, please go to the Life Protection, or Life and Critical Illness suitability builder.

You are responsible for creating a suitable document which is based on your client’s individual circumstances. We've designed our paragraphs as ‘base text’, which you can develop to suit your client’s individual circumstances. If you choose to use any of the text, you are responsible for ensuring that your regulatory requirements are met.

LV= has taken care to ensure the accuracy of the information at the time of issue but does not accept liability resulting from your use of it.

Create an Income Protection suitability letter
 
Create a Personal Sick Pay suitability letter
 

A good suitability letter is...

  • Your opportunity to justify and reinforce the reasons for your advice and recommendations
  • An excellent oppurtunity to document unmet and future needs and the importance of on-going review discussions
  • Your record of the discussions held and the recommendations made/not made and why.
  • Clear, fair and not misleading.
  • Personal, explaining the reasons why a recommendation has been made and how it meets the customers' needs and objectives, highlighting and risks involved.
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Flexible Protection Plan

Why not add Life cover or Critical Illness to your client's plan for a wider protection portfolio?

More about Flexible Protection Plan

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Tools and Calculators

Everything you need to support your Income Protection recommendations.

Income Protection tools and support

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Personal Sick Pay

Income protection for clients in riskier jobs who can be more expensive to insure.

More on Personal Sick Pay

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Large Case Team

If your client wants cover for more than £5,000 a month, we can offer dedicated support.

More about our Large Case Team

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