LV to grant payment holidays on life insurance and income protection

LV offers protection insurance payment holidays to those affected by coronavirus – and says they WON’T have to pay anything back LV will allow vulnerable policyholders 3-month payment breaks on protection Life cover, income protection and critical illness all covered under the scheme Policyholders will remain fully covered during the payment holiday period Customers won’t … Read more

Do insurance fears stop people talking about mental health?

JOHNNY TIMPSON: We encourage men to talk about mental health but do worries about insurance in the future cause some to suffer in silence? By Johnny Timpson For This Is Money Published: 09:15 BST, 18 February 2020 | Updated: 09:15 BST, 18 February 2020 Johnny Timpson, a financial protection specialist at Scottish Widows, says that … Read more

Insurers are pulling income protection insurance in the wake of the coronavirus outbreak

Insurers are pulling income protection insurance due to the coronavirus outbreak – and some are looking for ways NOT to pay out if you get sick Insurers pull out of the income protection market as coronavirus spreads Those still offering it reportedly planning to introduce coronavirus exclusions  This means new policyholders won’t get a payout … Read more