Liverpool Victoria LV

Liverpool Victoria first started in 1843, and like any other insurance company in the market they wanted to sell products that gave their clients financial security with good customer service so clients would trust and have piece of mind that the product sold was right for them both now and in the future. Any product taken out however may be changed in the future if circumstances change, you are not tied into any contract and your financial adviser would be able to help you in the future if you wanted to for example either increase or lower the sum assured you were originally covered for under a critical illness with life insurance plan.

Liverpool Victoria offers a choice of products such as savings, investment and insurance and are authorised by the Financial Services Authority. Over the past decade there have been an increasing number of people who are looking to take out such insurance or savings plan. Liverpool Victoria believe that the way they do business means that their customers should be at the heart of what they do and the service they provide. The way they action this belief is mainly through customer feedback and look at improving on the statistics every year and publish these results on their website. Liverpool Victoria’s head office is located in Bournemouth and they have been getting involved in the local community. Firstly they have sponsored a Kidzone scheme where the reunite children with their families if lost on the beaches of Bournemouth. They also sponsored the Mary Rose Museum which is scheduled to open in 2012 along with helping young children who could not afford their own rugby or cricket kits, they recycle kits from schools and sports club so that the disadvantaged children have a kit to go and enjoy like other children. This also benefits the environment as the sports kits are not tipped into the UK’s land filled sites. Another way of helping the surrounding communities is by trying to make towns and cities safer with the LV Streetwise.

Liverpool Victoria has been awarded a five star rating by an independent company defaqto who leads the field in financial research, they focus on comparing one product against another and in the financial industry selling life insurance for example is hard to compare, as the policy pays out on death, where as a critical illness contract there is a variety of products offered in the market mainly down to the number of critical illness they cover. Many clients may just look at the product on the market which is at the lowest price and in the economy today this is apparent in every sector not just insurance, and this is where a star rating of products provided give clients more knowledge of what they are buying to make an informative decision on either price or possibly comprehensiveness of the contract depending on the individuals circumstances. Liverpool Victoria were not just awarded a five star rating for their critical illness contract but also for their income protection plan, mortgage and lifestyle, home and car insurance.