LV= returns PSP waiting periods to pre-Covid levels

For self-employed applicants

John Brazier
clock • 1 min read
LV= returns PSP waiting periods to pre-Covid levels

LV = has announced it is returning to day one and week one waiting periods for self-employed customers applying for LV= Personal Sick Pay (PSP).

The insurer stated that following its removal of restrictions for ‘traditional workers' last year, that the move will also return restrictions for the self-employed to pre-pandemic status for the income protection product designed for the self-employed and those in riskier or manual occupations. However, a temporary Covid-19 exclusion for symptoms lasting under four weeks will remain for PSP applicants, meaning that a claim won't be paid during that time if it is due to symptoms of coronavirus,...

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