LV= : Income Protection

Product profile

Description

An income protection plan can help protect your income and make sure that, when you need it most, money is there. You will have reassurance that, should you be unable to work due to serious illness or injury, you will continue to receive an income in the future.
  

For

• Aged 18 to 64
• Employees and self employed

Period of cover

• Minimum 5 years
• Pays out  whilst you remain incapacitated
• Cover ends at age 70

Maximum monthly  sum insured

55% of income before tax, or 55% of net profit for the self employed

Benefits

• You choose the amount
• You choose the time period
• Level benefit basis
• Career break option
• Guaranteed increase option
• Back to work assistance

   

  
  

Options

• Index linking
• 1/2/6/12/24 months deferred period