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Personal Sick Pay rate change 18 September and pipeline procedures

18 September 2015 | LV= News


From Friday 18th September, income protection provider LV= is changing rates across its Flexible Protection Plan Personal Sick Pay cover. The rate change will only affect Budget Personal Sick Pay, rates for full Personal Sick Pay will remain unchanged.

Pipeline Business

  • Applications with a valid quote dated on or before 17 September 2015 and received by LV= by 30 September 2015 will have previous rates applied
  • Applications received by LV= from 1 October 2015 will have new rates applied, even if quoted on or before 17 September 2015
  • Quotes issued from 18 September 2009 will be subject to the new rates
  • Applications in new business pipeline, where previous rates apply, can have new rates applied if requested by the client or adviser

For the latest versions of our Personal Sick Pay future prices tables, please contact your LV= account manager.

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