LV Life Insurance
Intro to LV=
Established in 1843 as Liverpool Victoria, they rebranded to LV= in 2007. They have offices based in Bournemouth, Exeter, Manchester, Cardiff, London and Hitchin. They are one of the UK’s largest insurance companies and they provide services including Life Insurance, car insurance, home insurance and retirement options.
When Liverpool Victoria was founded, they first operated as a burial society (a business which was set up to provide funeral expenses for widowed husbands or wives or children of a member of the society). Historically, they were known to offer ‘penny policies’ which were collected across the country door-to-door.
You may recognise the LV= name from their sponsorship deals – they have sponsored the UK Snooker Championship, County Cricket Championship and Rugby Union.
How many customers do LV= have?
LV= have over 5.5 million customers for their insurance products.
What are LV=’s claim pay-out rates?
- For Life Insurance, LV= paid out 95% of all claims made in 2018, amounting to £32.6 million;
- For critical illness cover, LV= paid out 89% of all claims made in 2018, amounting to £24.8 million.
What awards have LV= won?
LV= have won the Moneywise Customer Service Awards 2013-2019 as the Most Trusted Life Insurance Provider and they are in the top 10 companies for customer satisfaction according to the UK Customer Satisfaction Index 2019. They are also rated as YouGov’s ‘Most Recommended Insurer’.
Is LV= Life Insurance good?
Protect Line are an impartial brokerage, so this means we won’t ever give you any advice and will only provide facts. In regards to LV= we have provided factual information within this page so that you can make a decision when it comes to choosing your Life Insurance provider.
How do I get LV= Life Insurance quotes?
We can offer you quotes for LV= Life Insurance quotes – all you need to do is fill out our online quote form, have a chat with our friendly and professional team and you’ll then have quotes from multiple different insurers to choose from.
How do I pay for LV= Life Insurance?
You can pay for LV= Life Insurance like you would any other policy – this is usually via direct debit and set up when you take out your policy.
How much does Life Insurance from LV cost?
LV= Life Insurance can vary in cost and is based upon personalised factors such as:
- Your age
- Your health
- Your lifestyle choices
- Whether you’re a smoker
- The length and amount of cover