LV= pays 94% of individual protection claims in 2019

LV= paid a total of £100m in protection claims during 2019 - 94% of all those it received. LV= paid more than £14m in income protection (IP) claims to nearly 1,000 individuals. Mental health (29%), musculoskeletal issues (25%), and cancer (15%) accounted for nearly three-quarters of all income protection claims. The youngest claimant was 19 and the longest ongoing payment following a claim is 33 years. Claims for ‘personal sick pay' protection, which is designed for self-employed and contract workers, totalled £2.8m with payments made to 1,162 individuals. The youngest claimant was 18...