LV Life Insurance.

LV= Life Insurance Review.

To apply for a LV Life Insurance Plan-  You must be a UK resident aged 17 to 69 when your plan starts. No minimum amount of cover You can choose from level or decreasing life insurance cover. If you choose level cover, the amount of cover is fixed when your plan starts and doesn't change. It won't keep up with inflation and will buy less in the future Cover from just £5 a month Simple online application Get a quick quote in minutes Your LV life insurance premium is fixed Cover up to £500k (restricted to £300k if you're 56-65, or £200k if you're 66 to 69 when your plan starts) Pays out if you die during the plan term As long as your plan has still got at least a year to go and you're diagnosed with a terminal illness, you can ask LV= to pay out your cover early however they'll reduce the amount they pay you by 3% If you need more cover, you can take out additional plans. Once your plan starts you can't change it. So if you need to increase your cover amount or change your plan, you'll need to take out a new one Important things you should know If you cancel your plan, you won't be covered and you won't get anything back. This plan has no cash-in value at any time The amount of cover available depends on your personal circumstances such as your age and sex, and whether you smoke or not Normally, the lump sum LV= pay out when you die will go into your estate. Inheritance Tax could apply to the part of your estate that is worth more than £325,000 (for 2010/11) Why buy LV= Life Insurance - Secure – apply online using their safe application - Easy - no paperwork to fill in and they only ask questions relevant to you - Quick – you could get covered online today - Become a member of Liverpool Victoria Friendly Society Limited and enjoy discounts on other LV= products