Liverpool Victoria Income Protection

Flexible Protection Plan

Founded

1843

Documents

Company Type

Friendly Society

Company Overview

Liverpool Victoria started out in 1843 with the goal of providing financial security and peace of mind to more than just a privileged few. LV provide a range of insurance products from general car and home insurance to your protection policies such as life insurance and income protection.

Compare Top 10 UK

Protection

Insurers

Takes approx. 60 seconds

Type of Policy

Income Required

per
month

Date of Birth

Income Protection Overview

Liverpool Victoria are a leader in the income protection market combining a straightforward product with clear literature and very competitive premiums.

Liverpool Victoria use an ‘Own Occupation’ incapacity definition for the vast majority of occupations…

The Liverpool Victoria product has a core premium which is guaranteed for the full term of your policy…

It is good to know Liverpool Victoria publish their claim statistics where many insurers still decline to do so…

The Liverpool Victoria product has an application which includes full medical underwriting so you know exactly where you stand from the outset…

Liverpool Victoria Policy Conditions

An overview of the key policy details of Liverpool Victoria Flexible Protection Plan proposition.

Overview of Key Policy Details
Policy Type	Income Protection (Accident & Sickness Only)
Underwriting	Friendly Society
Premium Type	Guaranteed Reviewable option also available
Maximum Claim Duration	Unlimited Until the end of the plan or when you are able to return to work, whichever is sooner.
Incapacity Definition	Own Occupation Incapacity definition for the majority of occupations. Only the most high risk occupations having a work tasks definition.
Deferred Period	4 / 8 / 13 / 26 weeks
Indexation	Optional When selected LV will annually increase both the level of cover and the premium by inflation.
Waiver of Premium	Optional
Maximum Cover (% Income)	55% Gross Taxable Earnings
Maximum Cover (£ per month)	£12,500.00
Max. Policy Cease Age	70 years old
Min. Policy Term	5 years
Min. Entry Age	17 years old
Max. Entry Age	59 years old
Guaranteed Insurability	Mortgage Increase Marriage or Civil Partnership Childbirth or Adoption Over 10% Increase in Salary
Guaranteed Benefit	LV guarantee that no matter what your income is, you will receive the lesser of your chosen level of cover or £1,000 per month should a claim arise.
Overseas Travel	Up to 12 overseas trips per annum before special terms are considered.
Policy Exclusions	No Standard Exclusions

We have taken care to ensure that the information on this Drewberry owned website is accurate. However we can give no guarantee as to the accuracy of the content of the site. We accept no liability for any losses whether direct or indirect arising from errors on our part.

Other Insurers

Compare Top 10 UK Insurers

Takes approx. 60 seconds

Need help?

Call us on

02084327333

Get Instant Income Protection Insurance Quotes

Useful Tools

Income Protection Infographic

Occupation Risk Calculator

Income Protection Quotes

Get Instant Quote

Income Protection Questions

Question and Answer

Overall Rating

Really, really helpful! Stopped me from signing up with an unhelpful company, and did basically all of the legwork for me in signing up with the right one. I can't have been the most helpful client as I'm 19 and only just started looking into it last week, but he took all the questions in stride! Put up with me turning to ask my dad questions every 2 minutes as well. I was helped by 2 workers; Sam and Nick. Thank you very much to both!

L Finch

Good communication and follow ups. Friendly. A thorough research for my insurance needs.

Sam Barr-Worsfold was very helpful and provided excellent customer service. Sam discovered I was paying too much premium for my current cover. Sam recommended and helped moved to a new cover with lower premium that provided the level of cover (terms required stated in the provider's policy) I wanted. I recommend highly recommend Sam and Drewberry Insurance. Thank you Sam.

Anonymous

Went through each policy in detail and made sure I was getting the correct one for me