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Personal Sick Pay rate change 22 June and pipeline procedures

22 June 2017 | LV= News


From Thursday 22nd June, income protection provider LV= is changing rates across its Flexible Protection Plan Personal Sick Pay cover. The rate change will affect Personal Sick Pay and Budget Personal Sick Pay.

Pipeline Business

  1. 1. Applications with a valid quote dated on or before 21 June 2017 and received by LV= by 5 July 2017 will have previous rates applied.
  2. 2. Applications received by LV= from 6 July 2017 will have new rates applied, even if quoted on or before 21 June 2017 as the quote will not be valid.
  3. 3. Quotes issued from 22 June 2017 will be subject to the new rates.
  4. 4. 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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