Can LV= change the premium I pay?
Published 18/03/2016 12.10 PM | Updated 30/09/2016 01.03 AM
The premium you pay is guaranteed. This means we won’t change your premium once your cover is in place, unless:
- You’ve chosen inflation-linked cover for your Living Expenses Protection. If so your amount of cover will automatically increase each year at the same rate as inflation, and your premium will also increase by the same percentage.
- You ask us to change your cover, then we’ll change the premium you pay for it.
- The government changes the tax treatment of your premiums.
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