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Liverpool Victoria (LV=), originally “The Liverpool Legal Victoria Burial Society” was formed in 1843, set up as a society to offer a method of savings for the poor to help bury their loved ones. “A Penny a Month for Life Insurance”. Today it is one of the UK’s leading financial service providers with assets of £14 billion and 5.8 million customers.
LV= offers various life insurance, pension and investments products. In January 2020 LV= became a registered company, moving away from its friendly society status. Throughout their extensive history, LV= have continued founder William Fenton’s intentions:
“To help people live more confident lives”
LV offers flexibility within their policies and coupled with the peace of mind makes them one of the most trusted and successful brands in the market today.
“We can’t promise peace and quiet, but we can offer peace of mind.”
- Insurance Times – Insurer Innovation of the Year – Product 2019
- 5 Star Defaqto Rating for their General Insurance Products
- Reevoo scoring of 9/10 based on client life insurance reviews regarding ease of application, value for money and overall rating.
Types of cover include:
- Life Insurance
- Over 50’s Life Insurance
- Term Insurance
- Joint Insurance
- Critical Illness Insurance
- Income Protection Insurance
- Mortgage Life Insurance
Additional Benefits of LV=:
- Life Insurance from LV= starts at around £5 per month (your actual premium will depend on your individual needs and circumstances).
- Pay-out in advance of your death if you are diagnosed with a terminal illness during your term.
- On Life Plus Critical Illness policies children are included with no extra cost until their 21st birthday (subject to their education status)
- LV Doctors Service; a benefit providing you with access to several expert medical services.
- A health and Wellbeing line is provided. This gives customers access to several additional services including counsellors and legal executives for legal advice.
- No limits on how long you spend outside of the UK while the cover is in force (critical and terminal illness may require confirmation from a UK professional).
- Offer of incentives and gifts when taking out certain policies.
Claims Record:
2020 | 2019 |
Life insurance: 95% of claims paid out. £118m total value paid. | Life insurance; 94%. of claims paid out. |
Critical illness: 94% of claims paid out. £28.3m total value paid out. | Critical illness Insurance; 92.6% of claims paid out. |
Either get a quick quote through our online form or call us to discuss the options with Liverpool Victoria. Affordable life insurance is within reach. Protect your loved ones today so you don’t have to worry about the ‘what if’.
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