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Health insurance news: LV=

LV and LV= are brand names of Liverpool Victoria Friendly Society. Founded in 1843 it is the UK's largest friendly society, a mutual organisation existing wholly for the benefit of its members.

LV=: Company profile

Recent news

Long-term care costs to hit £33,000 a year by 2025 The annual cost of long-term care is expected to rise from £26,000 a year now to £33,000 per person by 2025.
LV= improved critical illness product LV= has made changes to its critical illness cover, with an increase in the number of conditions and partial payments covered.
Beware mortgage advisors who do not know the law New research from LV= reveals that 28% of mortgage advisers are unaware that from 6 April 2012 they are not allowed to sell accident, sickness and unemployment style insurance products including payment protection insurance and mortgage payment protection insurance at the point of sale of a mortgage.
LV= paid 95% of claims in 2011 In 2011, LV= paid out 95% of protection claims, including 91% of income protection claims, 88% of critical illness claims, and 100% of life assurance claims.
New travel insurance for independent travellers There are factors outside of the control of all travellers; such as an airline or travel agent going bust, which can ruin even the best-planned holiday.
6.1 million over-50s set to work past retirement age New research shows that many upper age limits on insurance offerings are out of touch with the real world.
LV= pricing offer for rest of 2012 Income protection insurer LV= is introducing a pricing offer for the remainder of 2011 on its full and budget income protection products.
Property and good manners - the British legacy A new report from LV=, says that property and money are the assets that people most want to pass down to their children.
LV= launches life insurance advertising campaign LV= has launched a new life insurance TV, poster and door-drop advertising campaign which will run throughout September. The campaign is designed to strengthen recognition of the LV= brand and the need to purchase life cover.
LV= issues claims statistics LV= has released its critical illness and income protection claims stats for the 12 months to June 2011.
LV= halves the time of tele-interviewing service LV= has reduced the time taken to complete its tele-interviewing process by 50% over the last 12 months, by removing 10 questions from the initial process. This reduces the average interview time to around 15 minutes.
LV= has enhanced income protection and critical illness covers The income protection improvements include a £1000 benefit guarantee and an increase in the maximum age the cover can expire to 70. The percentage of salary that can be covered has risen to 55%, and the 'suited' occupation definition has been removed.
LV= pays more on critical illness and income protection in 2010 LV= has published its 2010 protection claims record, which shows an increase in claims paid on both critical illness and income protection policies. 93.5% of all critical illness claims, and 92% of income protection claims were paid in 2010, both up from 90% of claims paid in 2009.
Axa, Liverpool Victoria and Legal and General have best websites Independent research from customer experience benchmarking company, Global Reviews, says that AXA PPP healthcare offers health insurance customers the best online customer experience.
The secret's out life actually begins at 60 The average person thinks you are officially old at the age of 66. However, what the younger generation do not realise is 60-somethings are happier than their younger counterparts, feel financially and physically fitter and take more holidays, according to a new report by LV=.
LV= extends 5% income protection discount until Valentines Day Income protection insurer LV= has extended its offer of a 5% discount on its income protection product until 14 February 2011.The discount is included automatically on all quotes until then.
The best things about life are free Confused.com has revealed that in addition to offering protection to family and loved ones should the worst happen, having a life insurance policy can help with matters in the present, from counselling to tax, moving home to health and fitness.
LV= cuts income protection prices by 5% for the rest of 2010 LV= is offering a 5% discount on income protection policies for the rest of 2010. Mark Jones of LV= says, " People often believe income protection will be more expensive than it is, so this discount is one of many good reasons for you to think about this type of cover."
Income protection insurers promote healthier lifestyles Analysis by independent financial research company Defaqto reveals an increasing trend for income protection insurers to actively encourage their policyholders to adopt a healthier lifestyle by offering various health and wellbeing service related promotions.
LV= extends apprentice programme Insurance group LV= is extending its apprenticeship programme. The scheme, which was first launched in 2008, was one of the first apprenticeship schemes in the financial services sector.

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