LV= extends terms of life insurance plans

Following a number of changes to its life and critical illness insurance plans last year, LV= has extended the maximum terms available for its Life Protection, Business Protection Life Insurance and Family Income Benefit (FIB) policies to 50 years. For LV='s Relevant Life Cover, the maximum age to start inflation-linked policies will increase to 69, while the inflation-linked versions of FIB, Life Protection or Business Protection Life Insurance will have a maximum entry age of 84 years. Debbie Kennedy, protection director at LV=, said: "Life expectancy and working lives have grown an...