LV= reports increase in mental health support

61% increase year-on-year

Cameron Roberts
clock • 2 min read

Insurer, LV=, has reported a 61% year-on-year increase in access to its remote psychological services in 2024.

The provider also included mental health statistics in its 2024 claims report which detailed that 15% of income protection (IP) claims were due to people struggling with mental health. Mental health was the third most common reason for claiming on an IP product in 2024. LV='s Reaching Resilience report also unveiled statistics regarding attitudes to mental health and protection, showing that 20% of people who hold protection policies felt reduced levels of anxiety and greater peace of mind. The report also showed that parents were increasingly concerned about their children's wellb...

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