LV='s Justin Harper waxes lyrical about the virtues of income protection as a financial safety net for those facing mental health problems
CPD-accredited income protection series of breakfast meetings for advisers announced for April to May
Over three million working couples are classed as 'double income, no option' (DINOs), which means they are vulnerable to financial ruin if one of the two loses their earnings. LV='s Justin Harper discusses how we can better safeguard those at risk.
Some 3.2 million working couples are 'double income, no option' (DINO) households, according to research by LV=. This means they are reliant on two incomes to make ends meet, and would struggle to cope if they lost one.
The official supplement of this year's COVER Excellence Awards is available to read now as an eBook.
Allianz Group and LV= have launched a strategic partnership in the UK, creating a general insurance business with over 6 million customers and gross premiums written in excess of £1.7 billion.
Advisers who take out IP with LV= between now and 31st August 2017 will get a discount of around 10% depending on their situation for the entire length of the policy.
LV= is adding Doctor Services to all personal protection products for new customers at no added cost, in partnership with Square Health.
LV= has signed up to Synaptic's Multi-Benefit quoting service, enabling advisers to compare its multi-benefit and single benefit products and share the most suitable protection product with its clients.
LV= paid out 94% of all new individual protection claims during 2016 totalling close to £77 million over the year - more than it has paid in any other year.
LV= has appointed Andrea Fields as Rehabilitation Manager to focus on helping individuals suffering from illness or injury with their recovery.
LV= has reported that new business sales are up slightly at £146 million (H1 2015 £144 million) in its interim results for the six months ending 30 June 2016.
IRESS is partnering with LV= to deliver its fully integrated advice and wealth management solution, XPLAN.
Takes up position this summer
LV= will host another series of its ‘Wake up to IP' events, helping advisers increase their confidence in selling income protection.
Ten years in the job
LV= paid out 96% of all new individual protection claims during 2015 totalling £56 million over the year.
As the new tax year approaches, LV= is extending its Business Care service for business protection policyholders to include advice on tax and VAT issues.
The cost of raising a child is now over £230,000 according to this year's research from LV=. Here's how you can discuss this with clients, writes Justin Harper.
LV= has made changes to its critical illness plan meaning it is the final insurer to make adjustments in accordance with the 2014 ABI Statement of Best Practice (SOBP).
Here is part one of COVER magazine's countdown of the most read protection, healthcare and employee benefits stories during 2015.
Fiona Murphy discusses the creation of the OneFamily brand with its CEO Simon Markey and how he wants to create ‘a modern mutual'
LV= has revealed the details of its business protection range as it launches the key person, shareholder and partnership insurance, as well as loan protection.
LV= will launch a business protection product, the insurer has announced as it revealed profits rose across its life business in the first half of 2015.