LV= is extending its offer to remove the initial 60 day unemployment claim exclusion for customers who replace their existing unemployment cover with LV='s Mortgage and Lifestyle protection cover.
The offer was introduced for an initial three month period in January and is being extended for a further three months.
The Mortgage & Lifestyle Protection product offers protection for both mortgage and living expenses cover; Accident and sickness cover that pays out until the client gets better, no matter how long it takes, up to the end of the policy term, and unemployment cover paying out for up to 36 months over the lifetime of the plan, with a maximum of 12 months for any one claim.
Chris McFarlance, LV='s head of protection says the realities of the current employment market and wider economic climate means it is vital for people working in all sectors to ensure they have the right protection in place.
"Advisers have already recognised that our five star Defaqto rated1 Mortgage & Lifestyle Protection provides superior cover to traditional MPPI, and we have decided to extend the offer to give more customers and advisers the chance to benefit," he says.
"With increasing numbers of people feeling insecure in their employment, as the unemployment rate recently hit 6.5%2, our market leading cover is more relevant than ever. Not only does our Mortgage & Lifestyle Protection offer customers real long term protection, it is also backed up by great service and training. The extension of this special offer will help advisers provide the best solution to their customers."
To comment, contact Charlotte Banks on 0207 484 9943 or email: [email protected]
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