We want to help you reach more clients than ever…

That is why we have added new benefits and a created a wider eligibility than ever before. LV=’s exteeeeended Income Protection is now here and ready to help you enjoy even better protection conversations.

If you haven’t already heard, here are the changes we’ve made to our extended Income Protection…

  • We’ve added parent and child cover: we will pay your clients a lump sum of 6 times their monthly cover, up to a maximum of £25,000 if their child is diagnosed with specific condition. This will cover one payment per child per policy.
  • Extended NHS Sick pay guarantee: we’ve extended the eligibility to include dentists as well as doctors and surgeons. We’ve also removed the requirement to be directly employed by the NHS providing your clients’ sick pay arrangements match those of the NHS and a 12 month waiting period is selected.
  • Rehab support services are now available during the waiting period: helping to support your client’s wellbeing and morale.*
  • Our approach to reviewing self-employed income: the last 12 month’s income is now considered when working out the maximum benefit for clients.
  • New market leading approach to exclusion review periods: our automated rules engine can offer cover with an ‘exclusion review period’ automatically. This means we will only apply the exclusion for a limited period of time, after which we’ll remove it upon request if your client suffers no further symptoms.
  • Increased maximum amount of cover available: £20,833 a month for level cover and £14,583 index-linked cover (clients can protect up to 60% of their gross income).
Visit the LV= adviser site to find out about the changes

*Rehab support services might be capped at three times the monthly benefit.