As part of multi-benefit quote through Solution Builder and Assureweb portal
LV='s ‘personal sick pay', a specialist income protection product aimed at clients in riskier jobs who can be expensive to insure, has been made available through iPipeline's sourcing system SolutionBuilder and its Assureweb portal.
Available as part of a multi-benefit quote, the policy can be selected alongside other benefits on LV='s ‘flexible protection' menu plan.
The product, which can also be recommended to clients who find it difficult to prove how much they earn, such as self-employed or contract workers, offers a £1,000 guarantee, ‘day one' cover option, full and budget option (which has a maximum claim period of 24 month).
More than 50% of income protection is sold as part of multi-benefit quotes, iPipeline data shows.
"We're pleased to be working with LV= to bring this product to the market via SolutionBuilder and Assureweb," says Ian Teague, UK group managing director, iPipeline. "This opportunity enables us to continue providing advisers and their clients with access to the most appropriate cover which continues to be important to help grow the protection market."
Chris McNab, head of protection at LV= said, "This exclusive partnership with iPipeline will showcase our own personal sick pay products through their protection sourcing systems so that finding quotes for a variety of policies can be more accessible. By using iPipeline's sourcing system, we are easily laying out the options so that the needs of the customer come first, whilst simplifying the process for our financial advisers."
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