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Income Protection

Provides a regular income if you're unable to work because of accident or sickness.

  • Pays out if you're too ill to work because of an accident of sickness
  • Gives you monthly payments so you can continue to pay your bills when your income stops
  • Available as comprehensive or budget cover
Man in a leg cast on the sofa with his wife

Do you need income protection?

In uncertain times, consider protecting your finances with income protection insurance.

  • If you lost your income, how long will your savings cover your living costs?
  • Are you covered for loss of income on another insurance policy, such as health insurance?
  • Do you have any pre-existing conditions?

Thousands of people are unable to earn money or generate income through no fault of their own. This can make it difficult to cover expenses, especially in challenging times.

LV= Income Protection can help protect your income and make sure you have money when you need it most. Income protection insurance can give you a regular income and peace of mind if you can't work due to accident or sickness.

Things to consider before taking out income protection insurance

  • If you can repay any of your debts from savings, you reduce the income protection insurance needed.
  • Whether another insurance policy, such as health insurance, already covers some of your income.
  • How long you can manage on your savings after becoming unable to work before you need to claim on your income protection insurance.
  • How long you want the income protection insurance to last.
  • What percentage of your income you want to be covered.
  • Whether you get income protection insurance cover for pre-existing conditions.
  • Please be aware that this is not a savings plan and it has no cash in value at any time. If you stop paying, you won't get anything back.
  • If you choose to buy Level cover, your amount of cover is fixed when your plan starts, inflation will reduce the value.

It's also really important to make sure you read the policy literature to make sure you're able to apply and understand what you're covered for.

Let LV= help secure your income with income protection insurance

Here's what you can get with the LV= Income Protection Plan:

  • Protection against loss of income through accident or sickness.
  • Regular payments while you're unable to work.
  • Help maintain your standard of living.
  • Insurance up to 60% of gross earned income.
  • Choice of guaranteed or reviewable premiums.
  • Choice of income protection cover: level or inflation-linked.
  • Cover available until you're 70.
  • Premiums start from £5 a month.

Do you need help?

Call LifeSearch on:

Phone0800 197 2266

Mon to Thu 8am - 8pm
Fri 8am - 6pm

Calls may be recorded and/or monitored for training and audit purposes.

LV= have chosen to partner with LifeSearch to offer customers independent advice for protection products.

Enter your details and a LifeSearch adviser will call you back.

Existing customer?

Green phone

0800 678 1906
Monday - Friday 8.30am - 6.30pm

TextDirect first dial 18001

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.

Which product is right for you?

Why choose LV=

An insurance provider you can trust established in 1843.

  • 90% of new claims paid in 2016
  • UK's largest friendly society

Policy documents

  • Key features
  • Our services
View policy documents

Need to make a claim?

Speak to one of our experienced claims advisers to help guide you through the process.

How to make a claim