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If the worst happens, make sure your clients and their loved ones are protected

Life Protection

Great reasons to choose LV=

With so many different life insurance products on the market, why should you trust LV= with your life insurance protection needs? The answer is simple.

Great coverage options

Our Life Protection has a number of great options to help tailor your cover.

See the life insurance options

Overseas cover

Unlike some other providers, we don’t place a limit on the amount of time that your client can spend overseas and won’t cancel cover because of this.

Guaranteed Increase Options

Your client can increase the amount of their cover and in some cases replace their policy with a new policy without completing a full application, if certain events happen. We call these Guaranteed Increase Options, because we guarantee that your client can change their policy, within certain limits, as long as they are eligible.

You can find out more about Guaranteed Increase Options within our policy conditions.

Our plan can adapt to your client's changing circumstances

Anything can happen to your client over the course of their plan and our plan can adapt to give them the extra cover they need.

We can increase the cover without medical underwriting if they:

  • get married/enter into a civil partnership
  • get an increase in their basic salary of 10% or more
  • have a baby or legally adopt a child
  • increase their mortgage because they move or improve their home
  • get divorced/dissolution of civil partnership

Please read the policy conditions to understand this in full.

Award-winning service

We're highly recognised for the quality of our products and the service we provide.

More on the awards we've won

Strong claims performance

It’s important to recommend a provider you can trust to pay out when your client really needs it. We’re proud of our claims performance, approving 97% of Life Protection claims in 2015 with an average payment of £59,162.

Full claims breakdown

Expert tele-interviewing service

Our in-house, UK-based team can complete the application process for you, saving you time and making applications hassle-free. They’ll make sure the information collected is accurate, reducing the risk of non-disclosure and taking the worry and responsibility away from you. By using this service you could also avoid long delays with GP Reports so your client could be underwritten and accepted quicker.

More on tele-interviewing

Better underwriting

We know advisers are not usually medical experts so we help out as much as we can. This means you can concentrate on providing the best financial advice for your client.

  • We don't have an automatic need to see a GP report up to £1m worth of cover
  • We have no standard exclusions on our Life Protection plans making it straightforward to explain to your client
  • Our online application is powered by a strong, intelligent underwriting rules engine which means that you're more likely to get an instant decision
  • We have flexible medical examination arrangements. If your client needs a medical examination, where possible we'll make sure that they're seen by their local GP, and if appropriate offer a suitable alternative with our nationwide healthcare networks
  • We pay for medical underwriting (except medical certificates such as sick notes)
  • And lastly, we have dedicated underwriting hotline to help iron out any potential issues your client may have

Our underwriting support and contacts

Large Case Team support

For Life Protection cases for cover of £500,000 we’ll offer you a dedicated large case team, who you can rely on to look after your application. They’ll deal with the application from start to finish, and actively chase and review evidence to get the cover in place as quickly and smoothly as possible.

More on the large case team

We're a mutual, not a PLC

As a mutual, we don't have to answer to external shareholders – so we can concentrate on looking after you and your clients.

Member benefits

When your client takes out a Life insurance policy, they become LV= members. This entitles them to benefits including:

  • a say in our annual general meetings (once they've had a policy for 12 months)
  • discounts on our car, home, pet and travel insurance products
  • free member care line on health and medical matters, counselling and legal issues

More on member benefits

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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Flexible Protection Plan

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

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Will it pay?

We're proud of our claims history. Find out how much we paid policyholders in 2014.

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Critical Illness Cover

If your client is looking for Critical Illness cover, we have one of the most comprehensive lists of conditions on the market.

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Membership rights

Taking out a Life Protection Plan entitles your client to membership rights such as discounts on some of the other products we offer.

Connect with us

About protection

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