LV= taking 'pragmatic' approach to coronavirus
'Highly unusual circumstances'
Insurer monitoring and reviewing developments closely for short-term income protection deferred periods
LV= has confirmed it is taking a "pragmatic" approach in relation to coronavirus (COVID-19) and its usual evidence requirements, especially in relation to income protection (IP) policies with short, day zero or one-week waiting periods. The insurer's official statement comes as other providers declared their position on IP claims following the government's announcement last week that statutory sick pay (SSP) would be granted to those who self-isolate from the first day (not the fourth). LV=...
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