Mutual bonus questions

Answering your questions about our mutual bonus

Your questions answered

 
What is a mutual bonus and why do we pay one?
How does the mutual bonus work?
Who gets a mutual bonus?
How is the mutual bonus paid?
How much is the 2022 mutual bonus worth?
What mutual bonus has been declared in the past?
When is the mutual bonus added to eligible policies each year?
Once you've declared a mutual bonus, can you take it away?
Can you reduce mutual bonus rates in future years?
I’ve got a with-profits policy where you previously said some of the proceeds from the sale of the LV= General Insurance business would help maintain mutual bonus at similar levels to the past and would provide an exit bonus. What’s changed?
I am a Flexible Guarantee Bond Series 3, Flexible Guarantee Funds Series 2, Smoothed Managed Funds product and/or LV= ISA policyholder, am I eligible for mutual bonus?
I am an RNPFN with-profits policyholder. Why don’t I receive the mutual bonus?
I am a Teachers Assurance with-profits policyholder. Why don’t I receive the mutual bonus?
Why aren't all customers eligible to receive the mutual bonus?
I am taking partial withdrawals which are a fixed amount. How is the mutual bonus included?
I have a policy with a guaranteed benefit. Will I see the benefit of the mutual bonus on my policy?
I have an LV= conventional with-profits pension policy that has a guaranteed yearly income benefit, and I’m already claiming an income from it. What will the mutual bonus mean for me?
I have an LV= conventional with-profits pension policy that will pay a guaranteed yearly income benefit, and I plan on claiming an income from it when I retire. What will the mutual bonus mean for me?
I have an LV= conventional with-profits pension policy that will pay a guaranteed yearly income benefit, and I plan on taking the benefits as a lump sum or transferring it to another provider. What will the mutual bonus mean for me?
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