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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

Inflation-linked term life insurance with critical illness

The premiums you pay and the amount of money you’re covered for are designed to increase in-line with the Retail Prices Index (RPI). You’ll receive a lump sum of money if you die or are diagnosed with a specified critical illness within the term of your policy. Our critical illness cover also provides additional payments for less serious conditions which if paid, are not deducted from your total amount of cover.

  • The inflation-linked cover is designed to increase in line with the Retail Prices Index (RPI) to maintain the value of your cover.
  • The amount of cover you choose and the premium you pay will both increase each year in line with inflation.

Please note: Inflation-linked cover can only be purchased over the phone.

Reasons to choose ‘inflation-lined cover’

  • It takes into account inflation and therefore is a good way to make sure that the value of your cover also increases over time in-line with inflation, which may be particularly important if you’re insuring for a longer term.

Reasons for not choosing ‘inflation-linked cover’

  • Inflation-linked term insurance usually costs more than level and decreasing term life insurance.
  • This product is not suitable if you’re looking for a savings or investment product to pay you money at the end of your policy term and you haven’t died.

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