Commercial News

LV= adds medical advice service to business protection policies

Rozi Jones -
|
4th September 2018
protect business
"We’re including LV= Doctor Services as part of every business protection policy, to ensure that key people in a business can access the medical advice they might need"

LV= has announced that its business protection policies will now include LV= Doctor Services, giving customers access to three medical services in one app.

Through LV= Doctor Services, business owners and key employees can speak to a GP to talk through any health or medical concerns by video or phone consultation, get a private prescription without needing to visit a GP or get advice on treatment options with a UK medical specialist by video or face to face consultation.

Its research shows that nearly five million UK SMEs have less than 10 employees, and a third (32%) think that their business would survive less than a month if a key member of the business was to die or be diagnosed with a critical illness that meant they couldn’t work. However, only one in six (16%) SMEs have business protection.

In addition to medical advice, LV= also offers small businesses free access to VAT and tax experts, as well as legal advice. These services are estimated to cost approximately £750 a year for businesses.

Chris McNab, head of life propositions at LV=, said: “Protecting people should be an integral part of any business plan, as without them, the survival of a small business can be at serious risk.
 
“From today, we’re including LV= Doctor Services as part of every business protection policy, to ensure that key people in a business can access the medical advice they might need, at a time that suits them, and without having to take time off work, whether it’s for their mental or physical wellbeing.

“Alongside other benefits such as legal and tax advice, putting the long term health of individuals at the forefront of a business’ success means that this is much more than a pure protection product.”

 

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