With around 4.5 million renters in the UK, only 7% of those having some form of personal protection and an average rental payment of almost £900 a month, there’s a great opportunity to start a protection conversation.
LV= have just refreshed their Family Income Benefit and added it to their menu, the LV= Flexible Protection Plan, and also to Fastway their quote and apply system. So it’s now really convenient to add LV= FIB to a client’s protection portfolio to cover rental payments on death or diagnosis of a terminal illness.
What’s more their FIB product now includes a simple rental guaranteed increase option, legal support for tenants and additional value added benefits for families.
For more information, visit the LV= adviser site FIB page, contact your LV= account manager, or call LV= on 0800 032 4219.