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Life Insurance with Critical Illness

Our life with critical illness cover can pay a lump sum of money if you die or suffer a critical illness

  • With a total of 63 critical illnesses covered, we’re one of the market leaders
  • Up to £25,000 children’s critical illness cover at no extra cost
  • We pay claims quickly – and you can use your money how you want
Man in wheelchair looking down at a dog with a women stroking the dog and green heart in the background

Types Of Critical Illness Cover

Our Life Insurance with critical illness cover protects you and your loved ones. You can choose the level of life insurance with critical illness protection that best suits you.

Level life insurance with critical illness cover

  • The amount you're covered for is fixed when you start paying the premiums and won't change.
  • It won't keep up with inflation, and may buy less in the future.

Find out more about level life with critical illness cover

Decreasing life insurance with critical illness cover

  • The amount of money you’re covered for reduces, usually in-line with a repayment mortgage or other large debt with the security of fixed premium throughout the term of your policy.
  • If you don’t make a claim within your policy term, you stop paying your premiums and your cover ends.

Find out more about decreasing life with critical illness cover

Inflation-linked life insurance with critical illness cover (not available on-line)

    • The amount of money you're covered for and the premium you pay, increase each year in-line with inflation.
    • If you don’t make a claim within your policy term, you stop paying your premiums and your cover ends.

Find out more about inflation-linked life with critical illness cover

Life insurance with critical illness types of cover comparison

The table below will help you understand some differences between decreasing, inflation-linked and level cover.

Please note: This information shouldn't be taken as advice. If you're not sure, you should speak to a financial adviser.

Level Cover

Decreasing cover

Inflation linked cover

Cover a repayment mortgage


Cover an interest-only mortgage

Not included

Pay off a fixed-term loan

Not included

Cover funeral cost

Not includedNot includedNot included

Fixed monthly premium payments


Increasing monthly premium payments


Fixed cover

Not included

Increasing amount of cover


Cover for financial security for loved ones

Not included

How to apply

Our life with critical illness application is quick and easy

A customer story

Paul shares his experience with us.

Image of Paul

Children's critical illness cover

Nicola and Jeremy share their story about their son's illness.

Image of Nicola and Jeremy

You can also phone

Call our UK-based advisers for more information or a quote:

Green phone

0800 756 8515
Quoting offer code IELO

9am - 5pm Monday to Friday

For existing customers

Green phone

0800 678 1906
8.30am - 6.30pm Monday - Friday

TextDirect first dial 18001

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

We offer advice on LV= products only.

If you need cover for total permanent disability you will need to call our advisers. This cover is not available if you apply online.

Existing customer?

Understand life cover

We've created lots of useful information to guide you through the process of finding which life insurance product is right for you.

Find out more

Why choose LV=

An insurance provider you can trust established in 1843.

  • 91% of critical illness claims paid in 2015
  • UK's largest friendly society

Policy documents

  • Policy summary
  • Policy conditions

View policy documents

Get advice

Speak to one of our advisers who can make sure you have the right cover for your needs.

Get some advice