LV= has added guaranteed insurability options, back to work support and career break options to its Income Protection (IP) offering.
The guaranteed increase option means policyholders can increase their cover without any medical or financial underwriting if they: Increase their mortgage; Get married or register a civil partnership; Have or adopt a child; Have an increase in basic salary as a result of promotion, changing employer or gaining qualifications. The provider says its back to work addition may provide financial support and advice to help policyholders return to work with confidence, while the career break option gives policyholders coverage (for up to a maximum of £1,500 a month) if they decide t...
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