Special offer on LV= unemployment cover

Monday, 12 January 2009 12:00

LV= has unveiled a special offer for customers who switch their existing unemployment cover to its Mortgage & Lifestyle Protection plan.

The insurer has promised to remove its initial 60-day unemployment claim exclusion for those customers who move their cover before March 31st.

Under normal terms and conditions customers would have to hold their policies for at least 60 days before they were able to make a claim.

As well as benefiting from this special offer, the Mortgage & Lifestyle Protection policy offers cover for both mortgage and living expenses and accident and sickness cover among its features.

Unemployment cover is paid out for up to 36 months over the lifetime of the plan, with a maximum of 12 months for any one claim.

Chris McFarlane, head of protection at LV= said: "The onset of the recession has brought into sharp focus the reality of how important it is to have the right cover in place."

McFarlane added: "Our Mortgage & Lifestyle Protection offers clients real long term protection, backed up by great service.

"We are sure this special offer will help advisers provide the best possible solution to their customers."

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