LV= clients may choose their waiting period
Thu, 24 Jun 2010
Clients with mortgage and lifestyle protection (MLP) with LV= will be offered the choice of different waiting periods for accident sickness and unemployment cover .

LV= announced that the changes were the result of adviser feedback. Previously the unemployment cover had to have the same waiting period as the accident and sickness, according to Mark Jones, LV= head of protection.

He said: "Now they can be different. It's a simple change, but it will make it much easier for advisers to match cover to clients needs. There's also the added bonus of more flexibility to play around with the required cover, if budget is an issue."

The mortgage guarantee from LV= is designed to help those who are self employed, or whose income relies heavily on commission and bonuses. If a client needs to claim and can't provide proof of earnings that support their level of cover, LV= will use their average regular monthly mortgage payments over the previous 12 months.
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.
Critical Illness Cover

Critical Illness Cover

Protect your family should you become seriously ill or disabled.

Critical Illness Cover
Family Income Benefit

Family Income Benefit

Protect the family income with a family income benefit quote.

Family Income Benefit