Drewberry™ provide pensions, investment and insurance advice for Money to the Masses readers throughout the UK.

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Liverpool Victoria Income Protection

Flexible Protection Plan




Policy Terms PDF
Key facts PDF

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.

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Type of Policy
Income Required
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)


Friendly Society

Premium Type

Reviewable option also available

Maximum Claim Duration

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


When selected LV will annually increase both the level of cover and the premium by inflation.

Waiver of Premium


Maximum Cover
(% Income)

55% Gross
Taxable Earnings

Maximum Cover
(£ per month)


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.

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4.93 / 5 Average
1,222 Reviews
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
Overall Rating
Good communication and follow ups. Friendly. A thorough research for my insurance needs.
Overall Rating

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.
Overall Rating
Thorough, knowledgeable and great communication
Overall Rating
Went through each policy in detail and made sure I was getting the correct one for me