LV= pays out on 35-year income protection claim

Payment of over £309,000

John Brazier
clock • 1 min read
LV= pays out on 35-year income protection claim

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...

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