LV= enhances income protection range

clock

Liverpool Victoria (LV=) has removed the last standard exclusion on its income protection range and increased the maximum benefits available to £150,000.

The company says the enhancements to its ‘mimi income protection’ product mean it is the first provider in the intermediary market with no standard exclusions on the life assurance, critical illness and income protection elements of their protection plan. In addition, it says other immediate IP improvements include the removal of HIV exclusion on both IP and Mortgage Payment Protection’s Health and Integrated Health aspects. LV= claims the 80% increase in maximum benefits to £150,000 a year, or £12,500 a month, makes the firm a “serious contender” for advisers’ larger cases. This is f...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

The protection gap is not a surprise - treating it as one is

The protection gap is not a surprise - treating it as one is

'This is not mysterious. It is what this market is built to produce'

Tony Müdd
clock 09 September 2026 • 4 min read
Aviva in high value protection proposition launch

Aviva in high value protection proposition launch

Rising demand for IHT planning

Cameron Roberts
clock 25 August 2026 • 2 min read
Advisers are changing their views on joint life cover

Advisers are changing their views on joint life cover

What represents true value for the client?

Alan Lakey
clock 11 August 2026 • 3 min read