LV offers premium refunds of between £20 - £50 to motor customers
The proportional refunds for customers in distress follows Admiral's flat £25 payment but broker customers are not included in the £30m LV has set aside for rebates.
LV GI has today (1 May) announced that it’s making £30m available to its direct car and motorbike insurance customers through its Green Heart Support to help those who are experiencing financial difficulties as a result of coronavirus.
The money is being made available due to the savings that LV GI expects to make as a result of reduced claims during the lockdown, and represents around a third of the company’s profits from 2019.
Refunds of between £20 - £50 per customer will be made with the
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