LV= : Life Protection

Product profile

Description 

A cash lump sum payable on your death or terminal illness during the period while your policy is in force

Age

17 to 79

Period of cover

• Minimum five years

• Maximum 62 years

Benefits

• You choose the amount

• Flexibility to amend your cover

• Death

• Terminal illness

• Guaranteed insurability option

• Child cover added at no extra cost

Options

• Level or decreasing benefit basis

• Single or joint life cover

• Waiver of premium

• Guaranteed or reviewable premium

Note

• Your cover amount will not keep up with inflation

• Payment normally goes to your estate, so inheritance tax could apply