LV= pays out on 35-year income protection claim

Payment of over £309,000

John Brazier
clock • 1 min read

LV= has paid out a total of more than £309,000 on a single income protection claim that has lasted over 35 years.

The policy relates to a woman who has been unable to return to work since 1987 having been diagnosed with epilepsy following a brain haemorrhage. She had originally taken out the policy 16 months before the incident, aged just 27. LV= stated that she will continue to receive pay outs until 2023 with the policy term comes to an end. Justin Harper, proposition and marketing director at LV=, said that the claim is an indicator of the "true power" of income protection products. "Not only does it demonstrate that life changing injuries and conditions can strike at any age, but they c...

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