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LV= slashes protection rates

LV= has enhanced its protection range, including cutting the prices for accident and sickness cover under its mortgage and lifestyle protection product.

The provider is now offering improved term rates for higher sums assured and is re-pricing its term assurance, decreasing term assurance, family income benefit and its MLP product.

All accident and sickness rates will now be reduced for lower risk occupations.

LV= head of protection Mark Jones says: “The re-pricing of our accident and sickness rates for lower risk occupations is a clear demonstration of our strategy for marrying competitive pricing with market leading product innovation.

“We are very pleased to be able to reduce all of these premiums, as this further enhances an already top class proposition for mortgage advisers.”


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