LV= handles just under 500 coronavirus claims

More than 270 death claims

Adam Saville
clock • 3 min read

Insurer has processed £3.7m in coronavirus-related income protection and death claims

Numbers released by LV= show that, as of 16 May, it has handled claims to 470 individuals and families due to COVID-19 so far. Up to 30 April, we reported that its tele-claims service had facilitatived 146 coronavirus-related pay-outs to almost 300 individuals. Two months after its first COVID claim, LV= has paid out 150 pandemic-related claims to policyholders with short waiting period ‘personal sick pay' policies. According to LV=, payments totalled £50,000 with the most common claimant occupations being nurse, care assistant, carpenter, hairdresser and builder. The youngest claiman...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

The COVER Review: NHS England scrapped, protection availability and product updates

The COVER Review: NHS England scrapped, protection availability and product updates

Week commencing 10 March 2025

COVER
clock 14 March 2025 • 1 min read
The COVER Review: PMI demand, International Women's Day and a new COVER event

The COVER Review: PMI demand, International Women's Day and a new COVER event

Week commencing 03 March 2025

COVER
clock 07 March 2025 • 1 min read
Women making up a larger portion of mortgage applications

Women making up a larger portion of mortgage applications

Rise in solo female mortgage applications

Jaskeet Briah
clock 07 March 2025 • 3 min read

Loading page