As a mutual we’re run for the benefit of your clients, our members. We’re committed to serving our members and creating long-term value for them. Our aim is for eligible members to share in the success of our business – we’ve been doing this since 2011 through the LV= mutual bonus.
The mutual bonus is our way of rewarding eligible with-profits members for their support of the development and growth of our business.
It’s important to us that you and your clients are aware how we declare a mutual bonus, why it might go up, down or stay the same each year and what factors will impact the rate.
If a mutual bonus is awarded, the value of an eligible policy will increase by a percentage agreed by our Board and dependant on a number of factors.