LV= has today announced that its Business Protection policies will include LV= Doctor Services, giving customers access to three expert medical services in one app, making it the first provider in the market to do so.
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.
Nearly 5 million UK businesses (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= is also the only provider to offer small businesses free access to VAT and tax experts, as well as legal advice, as a value added feature through LV= Business Care. These services are estimated to cost approximately £750 a year for businesses.
“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.
LV= Doctor Services and LV= Business Care will come without the need for additional underwriting and no added cost.
For more information, visit the business protection page.