Enhanced critical illness and FIB added to LV= menu option

‘Flexible Protection Plan’ revamped

Adam Saville
clock • 2 min read

LV= expands ‘Flexible Protection Plan’ option for income protection, critical illness and life

Enhanced children's cover - including additional child-specific conditions, pregnancy complications and increased payments has been added - alongside family income benefit (FIB) and enhanced terminal illness cover. Available as part of its menu-based approach to income protection, critical illness and life insurance, under its ‘Flexible Protection Plan' option, LV= has introduced the option to take out life and critical illness with enhanced children's cover.  This includes child specific conditions, payments for pregnancy complications and increased payout levels. It covers an add...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Probate delays jump 65% for year-long cases

Probate delays jump 65% for year-long cases

Cases taking over six months rose 112%

Jaskeet Briah
clock 23 April 2024 • 2 min read
Six in 10 claims handlers want to develop technological skills

Six in 10 claims handlers want to develop technological skills

Sprout.ai research shows

Jaskeet Briah
clock 22 April 2024 • 3 min read
AFM members pay out £70m on IP claims in 2023

AFM members pay out £70m on IP claims in 2023

Claims for musculoskeletal continue to rise

Jaskeet Briah
clock 17 April 2024 • 2 min read