LV= extends payment break and premium & cover reduction options

Until 31 December 2021

John Brazier
clock • 2 min read

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 discuss individual situations, signpost existing options and services available through thei...

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