LV= expands income protection offering

LV= has today announced a range of supplementary features for its income protection (IP) product. Offering extended cover and extra services aimed at improving claims experiences for customers, new features include parent and child cover, enhanced rehab support, extended NHS sick pay guarantee, new automatic review periods for exclusions and a ‘pay my mortgage' facility. Parent and child LV='s parent and child cover will allow parents to receive a lump sum if their child is diagnosed with a specific illness, has an operation or medical procedure. The benefit covers 54 conditions an...