Life Insurance
We can't promise peace and quiet... but we can offer peace of mind
Protect the ones you love with award winning Life Insurance
We can’t promise parenting will be an easy ride, but knowing your little (ahem) angels are financially protected should the worst happen to you, can give you the reassurance you need to concentrate on the people who matter most.
And with our award-winning cover starting at just £5 per month, peace of mind may be a lot easier to achieve than a peaceful home.
Existing Life Insurance customers
Do you need to make a claim, or change something on your policy?
WHY CHOOSE LV=
So, here's what you need to know about our Life Insurance
- Cover starts from as little as £5 per month
- Quick and easy application
- Free access to LV= Doctor Services
- Terminal illness cover included at no extra cost
- 95% of claims were paid in 2018. These figures include claims paid for both our Life Insurance and Lifetime+ products. Our Lifetime+ product is no longer available.
- Once we've made our final decision we aim to pay a claim within 3 days
life insurance Cover Options
We know it's a tough topic, but we're here to make life insurance a little easier
- Pays out a cash lump sum if you die within the plan term
- Gives you the flexibility to choose the amount of cover you need and for how long
- Guarantees that your premiums won't change in the future unless you change your cover
- Gives you access to our LV= member benefits and LV= Doctor Services at no extra cost
- You may be able to increase your cover after specific life events without medical evidence
- What you pay depends on your personal circumstances such as your age and whether you smoke
Financial Advice
Need advice?
We've chosen to partner with LifeSearch to offer you independent advice on which protection products are right for you.
Mon to Thu - 8am - 8pm Fri 8am - 6pm
For Text Phone first dial 18001
Calls will be recorded and/or monitored for training and audit purposes.
Important information
Here's the need to know about life insurance so you have the full picture
- Available to UK residents aged 17 to 79
- You can choose the length to run between 5-45 years, but the policy must end before your 85th birthday
- You can't claim under a terminal illness in the last 12 months of the plan
- If you die, we'll normally pay the lump sum to your estate. Inheritance tax could apply to the part that's worth over £325,000 (tax years 2017/18 to 2020/21)
- We won’t pay a claim if you die as a result of intentionally taking your own life within the first 12 months of your policy
- If you stop paying your premiums, you won't get any money back and your cover may stop
- Increase options are available after marriage/civil partnership, divorce, the birth of a child or mortgage increase. Sometimes we won't be able to offer you increase options, subject to guidelines within your policy conditions.
Make sure you read the policy summary so you understand what you're buying...
- Our Services (PDF, 568KB)
- Life Insurance Policy Summary (PDF, 134KB)
- Life Insurance Policy Conditions (PDF, 180KB)
The information on this page shouldn't be taken as advice, It's up to you to decide if it's right for you and you should speak to a financial adviser if you're not sure.