LV= pays out over £19 million in Covid-19 claims

Since March 2020

John Brazier
clock • 1 min read

LV= has paid out more than £19 million across life, critical illness and income protection claims related to Covid-19 since the start of the pandemic.

Since the onset of the pandemic in March 2020, LV= has paid out on nearly 2,000 Covid-related claims (up to 15 March 2022), covering 1,400 death claims with pay outs totalling £18m. LV= stated that the youngest death claim related to Covid-19 was 32 years, with the average claimant aged 64. The total pay out amount also includes 550 Covid-related personal sick pay and income protection policy since the start of the pandemic, totalling £427,000. The top occupations for making a claim were nurses, care assistants, carpenters, warehouse and factory workers, LV= stated. Meanwhile, t...

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