LV= today announced changes to the maximum ages to which they will provide life cover to clients. For older clients the age limits that insurers put on their policies may restrict the advisers’ choice so this is a welcome move which can only better serve clients, making valuable cover accessible to more people for longer.
With many mortgages running to later ages and people often needing to work into later life, many older clients will need proper protection in place, and for longer. In this article, we look at which insurers welcome applications from older clients and the maximum age at which policies will expire, and include a comparison of LV=’s old and new limits.
