LV to extend unemployment offer
Mon, 06 Jul 2009
LV= is extending its offer to remove the initial 60 day unemployment claim exclusion for customers who replace their existing unemployment cover with the provider's Mortgage and Lifestyle protection product.

This offer will be extended by a further six months until the end of 2009. The Mortgage and Lifestyle protection product provides both mortgage and living expenses cover, accidental and sickness cover and optional unemployment cover. LV is simultaneously publishing its underwriting approach for unemployment cover in order to clarify, through a series of different scenarios, whether an application for unemployment cover would be accepted.

Chris McFarlane, head of protection at LV=, said: "With the recession biting, we know that consumers may be increasingly concerned about their job security and that advisers need clarity and certainty around which products are suitable for their clients. As unemployment continues to rise, we are pleased to be able to extend the offer to give more customers and advisers the chance to benefit."
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