Insurer has processed £3.7m in coronavirus-related income protection and death claims
Numbers released by LV= show that, as of 16 May, it has handled claims to 470 individuals and families due to COVID-19 so far. Up to 30 April, we reported that its tele-claims service had facilitatived 146 coronavirus-related pay-outs to almost 300 individuals. Two months after its first COVID claim, LV= has paid out 150 pandemic-related claims to policyholders with short waiting period ‘personal sick pay' policies. According to LV=, payments totalled £50,000 with the most common claimant occupations...
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