LV= extends payment break and premium & cover reduction options

Until 31 December 2021

John Brazier
clock • 1 min read
LV= extends payment break and premium & cover reduction options

Insurer announces an extension on support options until end of the year for those affected by Covid-19

LV= has extended the payment break and premium and cover reduction options for protection policyholders that are unable to keep up with premiums due to the effects of the coronavirus pandemic. The provider stated that since April 2020, around 350 customers have benefited from either the payment break or the premium & cover reduction, with around nine in 10 retaining their cover once the option ends. Policyholders that qualify for either option will have access to LV= staff talk with members...

To continue reading this article...

Join Cover

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Exclusive access to our fortnightly Protection insight mini-podcast.
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual PMI

Dr Samantha Roberts appointed NICE chief executive
PMI

Dr Samantha Roberts appointed NICE chief executive

Effective 1 February 2022

John Brazier
clock 20 December 2021 • 1 min read
COVER Excellence Awards Winners 2021 Special eBook now live!

COVER Excellence Awards Winners 2021 Special eBook now live!

Leading With Distinction

John Brazier
clock 17 December 2021 • 1 min read
Partner Insight: Are health insurers really slow and complicated to do business with?

Partner Insight: Are health insurers really slow and complicated to do business with?

That may have been valid years ago but is no longer the case

Gareth Jones
clock 16 December 2021 • 2 min read