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Income Protection Solutions

We believe that protecting income is the foundation of financial resilience. Without an income, most people would struggle to maintain their lifestyle, leaving them and their families vulnerable if they’re unable to work due to illness or injury.

A 30 year old non-smoking couple has a 62% chance of being unable to work for two months or more, based on a retirement age of 68¹. We have a range of Income Protection solutions that can be tailored to suit your client’s needs and protect their most important asset.

¹ LV= Risk Reality Calculator

Financial resilience infographic

Highlights from our recent research around financial resilience, providing actionable insights for your Income Protection recommendations.View financial resilience infographic

An overview of our Income Protection Solutions

Our Income Protection solutions overview video offers key information on our income protection products including traditional Income Protection, Personal Sick Pay, Mortgage and Rent Cover, Executive Income Protection and additional emotional and practical support.

Income Protection Solutions

Our personal Income Protection solutions are all included within our menu plan, the LV= Flexible Protection Plan.
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Full and budget Income Protection

LV= Income Protection provides comprehensive cover for those clients in lower risk occupations and their families with tailored options for doctors, surgeons, dentists, teachers and renters.

Our cover is comprehensive and includes a number of special features at no extra cost, including parent and child cover, death benefit, rehab support services, fracture cover, £1,500 benefit guarantee and sick pay guarantees.

We also offer budget options with shorter claim periods – either 12 months (with guaranteed premiums), or 24 months (with guaranteed or reviewable premiums).  These more affordable options include all the same features and support.

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Full and budget Personal Sick Pay

Personal Sick Pay is our age-costed option aimed specifically at clients in riskier jobs – like tradespeople, nurses and electricians who can be more expensive to insure, and need tailored cover.

It includes a number of different features for your clients and offers shorter waiting periods including day one and one week, making it ideal for those who don’t have sick pay in place and need cover to start paying out sooner.

We also offer a more affordable, budget option with a shorter claim period of 24 months (with guaranteed or reviewable premiums). This option includes all the same features and support.

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Mortgage and Rent Cover

Mortgage and Rent Cover is our outgoings based solution that protects your clients' monthly mortgage or rental payment should they be unable to work due to illness or injury. It can help you protect clients with irregular earnings where traditional income protection wouldn’t always be suitable.

There's no financial underwriting required at application and no financial evidence needed to make a claim. You simply need to validate the amount of cover isn't more than your clients' mortgage or rental payment by obtaining evidence (such as a mortgage offer or rental agreement).

Our Mortgage and Rent Guarantee means we guarantee we’ll pay the full chosen amount of cover throughout the claim.

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Executive Income Protection

LV= Executive Income Protection is part of our Business Protection menu and is designed for small and medium businesses to cover the cost of providing sick pay benefits to a key employee.

Learn more about Executive Income Protection

Support offered with our Income Protection Solutions

From day one your clients can access valuable services that provide important emotional and practical support.
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Rehab support services

Our rehab support services can provide services such as physiotherapy, psychological support and return to work services. This additional support can prevent your client from needing to take prolonged periods of time off work – helping to improve wellbeing and morale. Our rehab support services might be capped at a certain value, and this is dependent on the product chosen.
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LV= Doctor Services

We’re here for your clients when they need us most. Your clients and their spouse/partner* have access to 6 expert medical advice services – all accessible in a handy app or by phone, wherever they are:

  • Remote GP 24/7. Unlimited consultations with a UK doctor available by phone or video.
  • Prescription services. Get a private prescription without the need for your client to visit their local GP.
  • Second opinion. Check a diagnosis and get advice on treatment options with a UK medical specialist by video or face to face consultation.
  • Remote physiotherapy. Up to five free sessions** with a trained UK physiotherapist and receive a bespoke treatment plan through video consultations. 
  • Remote psychological support. Up to five free sessions** of mental health support including counselling and Cognitive Behavioural Therapy from a network of highly trained therapists. 
  • Discounted health MOTs. Benefit from 25% off health MOTs - a service that provides an assessment of overall health, identifying any risk and areas of improvement.

*Spouse, civil partner or person with whom the policyholder lives with as a partner and at the same address.
**The five sessions limit is split between the policyholder/life assured and partner/spouse.

Learn more about LV= Doctor Services.

Resources to support your advice

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LV='s Risk Reality Calculator

Our online calculator helps your clients see the true value of financial protection – in no time at all. Simply input some basic details to instantly get a personalised risk report.

Launch Risk Reality Calculator

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Income Protection Comparison

A simple document outlining how our different Income Protection solutions compare, so you can find the cover best suited to your client.

View comparison table

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Income Shortfall Calculator

Show your client how much income they’d lose if they can’t work. This highlights the true benefit of Income Protection.

Launch Income Shortfall Calculator

Get your quote online

One quote, one application and one direct debit.

Our fast and flexible quote and apply technology, Fastway, helps you put your clients on risk quicker.

Moneyfacts awards 2010 to 2022

Moneyfacts awards

We’re here to make your advice stand out. And as a leading specialist in Income Protection, we’re even easier to recommend to your clients. With our range of products that protect your clients’ income, you can tailor your recommendations by age, lifestyle, budget and occupation.

We’re proud to have been awarded Moneyfacts’ Best Income Protection Provider for the thirteenth year running. See more on our awards for our protection and retirement options.

With a range of practical and emotional support, your clients will get the most from their Income Protection, at no extra cost.

Contact Phone

Let's talk

0800 678 1890

9am - 5pm Mon-Fri

TextDirect: first dial 18001. We will record or monitor calls for training and audit purposes.