Aviva extends payment deferral option

Until further notice

Adam Saville
clock • 3 min read

Protection customers who are struggling financially due to Covid-19 can still apply to defer premiums

In May, Aviva introduced a payment deferral option to allow customers to defer their protection premiums for three months before spreading these payments over the following nine months. In line with FCA guidelines, Aviva has extended the offer and is updating its eligibility criteria (see below) until further notice. It means customers with life insurance, critical illness, income protection, over 50s or whole of life policies can take a break from payments while retaining their current benefits and levels of cover. The premium deferral offer is available to customers with personal or...

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

Unpaid carers spend four working days per week supporting elderly relatives

Unpaid carers spend four working days per week supporting elderly relatives

10 hours per week spent on bureaucratic tasks

Jaskeet Briah
clock 08 April 2026 • 2 min read
Probate cases taking nearly two years rise by 131%

Probate cases taking nearly two years rise by 131%

Increased risk of interest accruing on IHT

Jaskeet Briah
clock 07 April 2026 • 2 min read
CII releases vulnerable client management report

CII releases vulnerable client management report

Supporting firms expand potential client base

Isabel Baxter
clock 07 April 2026 • 2 min read