Here are some important things you should know about our Life and Critical Illness cover:
- Online services
- Supporting you
- Supporting your client
- Knowledge Centre
- Document Library
Our Life and Critical Illness policy is part of the Flexible Protection Plan. It provides wide coverage for your client – with additional payment options for less severe conditions, and enhanced payments for some conditions. Your client is able to choose between our standard Critical Illness cover, or Critical Illness with Enhanced Children's cover which offers increased cover for children and pregnancy.
It pays a lump sum if the person insured dies or is diagnosed with a serious illness during the term of the policy. This provides financial, emotional and practical support when the unexpected happens.
Standard cover main features include:
Our Life and Critical Illness policy pay out a lump sum if your client (or the person insured) dies or is diagnosed with a critical illness. A list of the illnesses covered, the target market, limits, suitability and costs can be found in the product profile:
We care about your client as much as you do - meeting their needs and being easy for us to work with makes us stand out.
Award winning claims performance. We’re proud of our claims performance, approving 88% of critical illness claims and 99% of all life cover claims in 2019. So you can recommend a provider that pays out when your client really needs it.
Offering flexibility. Your client can increase their cover (within certain limits) without medical underwriting - so if they change jobs, have or adopt a child, have an increase in their mortgage or rental payments, or get married/enter a civil partnership, their cover can change too.
Overseas cover. Your client can spend an unlimited time overseas - we won’t cancel their cover because of this.
We’re here for your clients when they need us most. So as an LV= member, your clients have access to 6 expert medical advice services – all accessible by app or phone, at any time:
Your clients get even more with our Life and Critical Illness cover. When they take out a qualifying policy, they become an LV= member, meaning they’re entitled to exclusive benefits and support, at no extra cost:
Fastway - our quote and apply system – makes it easier to protect clients. It’s a fast and flexible application journey and gives you an immediate underwriting decision.
Plus 24/7 access to our pre-underwriting tool for an instant and indicative underwriting decision for illnesses and conditions and our Protection Progress Hub to easily track the status of your client applications.
More on Fastway.