Enhanced critical illness and FIB added to LV= menu option

‘Flexible Protection Plan’ revamped

Adam Saville
clock • 2 min read

LV= expands ‘Flexible Protection Plan’ option for income protection, critical illness and life

Enhanced children's cover - including additional child-specific conditions, pregnancy complications and increased payments has been added - alongside family income benefit (FIB) and enhanced terminal illness cover. Available as part of its menu-based approach to income protection, critical illness and life insurance, under its ‘Flexible Protection Plan' option, LV= has introduced the option to take out life and critical illness with enhanced children's cover.  This includes child specific conditions, payments for pregnancy complications and increased payout levels. It covers an add...

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: Claims and underwriting, employer NICs and health checks

The COVER Review: Claims and underwriting, employer NICs and health checks

Week commencing 31 March

COVER
clock 04 April 2025 • 1 min read
British Friendly pays out £5 million in 2024

British Friendly pays out £5 million in 2024

86% of all IP claims paid

Jaskeet Briah
clock 03 April 2025 • 2 min read
Claims and underwriting: Securing life cover after breast cancer

Claims and underwriting: Securing life cover after breast cancer

“Don't take the initial decision at face value”

Jaskeet Briah
clock 02 April 2025 • 6 min read

Loading page