LV= Review

Cat and Dog Insurance

LV= offers pet owners decent value for their money, especially when it comes to Lifetime cover for ever-popular French Bulldogs and English Bulldogs, which are quite expensive to insure. Customers have a choice of either Time Limited or Lifetime pet insurance with five levels of pet insurance offering vet cover ranging from £1,500 up to £10,000.

Positives

  • New policies for older pets
  • Having a long time to make claims
  • Travelling to the EU with your pet
  • Dental cover

Negatives

  • Anyone wanting prescription food cover
  • Those worried about premiums rising after you claim
  • Anyone wanting euthanasia cover
  • Having a vetfone to call with queries

Overview

LV= offers solid value plans and, when we did a price check, stands out for reasonable prices for notoriously-expensive-to-insure Bulldogs. They offer two types of policies: Time Limited and Lifetime. If a Lifetime plan fits in your budget, it will provide more comprehensive and longer lasting cover.

Time limited policies provide up to 12 months of vet cover for accidents or illnesses for dogs and cats, with up to £1,500 or £2,500 of vet fee cover per condition. With Time Limited policies, you’re only reimbursed for a certain condition for up to 12 months or once you’ve reached the vet fee limit, whichever comes first. Time Limited policies therefore are quite restricted in nature as they don’t provide long-term cover for recurring or chronic conditions.

LV= also offers three Lifetime policies with vet cover of £3,000, £5,000 or £10,000. Lifetime policies are considered the best, because there is no time limit imposed on covered treatments—that is, you can keep claiming for a condition year after year (so long as the policy remains valid). The only limit is the amount you can claim in total across all conditions over each policy year. When you renew, the amount you have available for the next year resets to the policy limit again.

What to consider with LV= pet insurance

The standard, compulsory excess on LV pet insurance is a reasonable £75, but policyholders can add a voluntary excess on top to lower their premium; older pets also have a 20% variable excess to pay on top of the fixed excess.

Policies are missing a few sought-after features such as cover for euthanasia and cremation or burial expenses, however, and older pets aren’t eligible for new Lifetime cover. If you want dental illness cover to protect against tooth decay or gum disease in your pet, you’ll need to get one of LV’s Lifetime policies.

How do LV= premiums compare?

According to our research, LV= prices are in line with the average cost of pet insurance.

To compare pet insurance prices for LV, we obtained sample quotes for a healthy, young, medium-sized crossbreed dog. For our test case, LV pet insurance prices started from around £24 a month for Lifetime cover, or £291 a year. Older dogs and certain breeds can cost significantly more to insure.

chart comparing pet insurance quotes by policy type for LV= vs the market average
How Do LV=’s Prices Compare?

Since LV lets you add a voluntary excess on top of the compulsory excess, we also tested quotes for a £150 total excess (£75 compulsory plus £75 voluntary). How much can you save with the higher excess? It looks like quotes are around 8% to 10% cheaper with the higher excess.

Is it worth it? Generally speaking, we find that if you’ll claim at least once in a year, most pet owners would be better off with the lower excess/higher premium combination. This is because the change in premium is usually not enough to make up for a higher excess.

Consider the financial impact a higher excess should you need to claim. Consider that on average choosing a total excess of £150 (instead of £75) will save around £33 in annual premium for a Lifetime policy for a healthy, young, mixed breed dog. But, should you need to claim, you’d pay an additional £75 in excess, more than offsetting the premium savings you achieved. A further claim in a year would make the higher excess option even more expensive.

LV= key facts

  • EU Travel cover (no time limit on trip duration)
  • Holiday cancellation and unwell boarding cover available
  • Prescription food not covered
  • Premium may increase according to claims history
  • Dental cover includes disease/decay only on Lifetime plans
  • Excess increases with age (through addition of 20% vet bill copay)
  • Euthanasia not covered
  • No vetfone to call with queries
 

LV= key features

Here are some highlights of features available on LV=’s pet insurance policies. For more complete details and exclusions, please see the policy documents.

LV= Pet Insurance Features  
Dental Time Limited policies cover injury and removal of first teeth under some conditions; Lifetime policies also cover other conditions subject to annual dental exam/maintenance
Cover for Holiday Cut Short Cover if you have to cancel (less than 7 days before you were due to leave) or curtail your holiday because your pet needs emergency life-saving surgery or goes missing (full details can be found in the Policy Wording
Boarding Cover When You’re Unwell Cover for boarding fees when you’re an inpatient at hospital for at least 4 days
Complementary Therapy Acupuncture, homeopathy, herbal medicine, Chiropractic manipulation, physiotherapy, osteopathy and hydrotherapy (max 5 sessions on Time Limited policies; max 10 sessions on Lifetime)
Travel Cover LV= policies provide cover in the EU (Pet Travel Scheme) with no limit on the trip length. The amount of cover while travelling is the same as if you were in the UK
Death due to Illness Reimbursement of purchase price of your pet (up to £1,500), if he/she dies due to illness. Only available for dogs up to 9 years old and cats up to 11 years old. You must provide evidence of the amount you paid/donated for your pet
Death due to Accident Reimbursement of purchase price of your pet (up to £1,500), if he/she dies due to accident. You must provide evidence of the amount you paid/donated for your pet

LV= policies and coverage

LV= offers two types of pet insurance—Time Limited and Lifetime, with vet cover ranging from £1,500 up to £10,000.

LV= Time Limited

An LV= Time Limited plan can be purchased with either £1,500 or £2,500 of vet cover. With Time Limited cover, vet bills are reimbursable for up to 12 months per condition, up to the vet cover limit. Once either 12 months have passed since your vet was first treated or you have claimed up to the limit, whichever is sooner, you can no longer claim for that condition.

Before choosing a Time Limited plan it’s important to understand the repercussions of how bilateral conditions are treated. Bilateral conditions are conditions affecting a body part of which your pet has two (e.g., ears, eyes, ligaments, etc.). For insurance purposes, bilateral conditions are treated as one condition—meaning if you pet has an infection in one eye, then both eyes are excluded from cover 12 months after the first treatment of the infected eye.

LV= Lifetime

LV= offers three levels of Lifetime cover, with either £3,000, £5,000 or £10,000 of vet cover per year. Each year when you renew the policy the vet fees cover is reinstated, providing that amount of cover again for the next year.

Lifetime insurance plans continue to reimburse for vet fees associated with recurring or chronic conditions, year after year, so long as the policy remains in force.

LV= Coverage Amounts

Product Type Time Limited – £1,500 Time Limited – £2,500 Lifetime – £3,000 Lifetime – £5,000 Lifetime – £10,000
Vets fees up to £1,500 per condition up to £2,500 per condition up to £3,000 per policy year up to £5,000 per policy year up to £10,000 per policy year
Third Party Liability (Dogs) up to £2 million up to £2 million up to £2 million up to £2 million up to £2 million
Third Party Liability Excess £250 per claim £250 per claim for property damage £250 per claim for property damage £250 per claim for property damage £250 per claim for property damage
Death from illness or accident up to £1,500 (up to age 9 dogs, age 11 cats)
Advertising / Reward up to £1,500 (max £500 reward)
Accidental damage to third party property n/a n/a n/a n/a up to £750
Loss by theft or straying up to £1,500
Boarding or pet minding fees up to £1,500
Holiday cancellation up to £1,500 up to £1,500 up to £3,000 up to £3,000 up to £3,000
Additional Travel Cover        
Quarantine costs up to £1,500 up to £1,500 up to £2,000 up to £2,000 up to £2,000
Loss of pet’s passport up to £250 up to £250 up to £500 up to £500 up to £500
Repeat tapeworm up to £1,000 up to £1,000 up to £1,000 up to £1,000 up to £1,000

LV= ratings and reviews

LV= pet insurance customer feedback can be seen on a number of different platforms. On Trustpilot they have a score of 4.3 out of 5. Whilst on Feefo they are rating 4.1 out of 5.
  • The Yoga Yajnavalkya is another early text on yoga that provides description of Yoga techniques and its benefits. Two of its Sanskrit palm-leaf manuscripts have been dated, one is from the early 10th-century CE and another more firmly

    John Smith
    Customer
  • The Yoga Yajnavalkya is another early text on yoga that provides description of Yoga techniques and its benefits. Two of its Sanskrit palm-leaf manuscripts have been dated, one is from the early 10th-century CE and another more firmly

    Jane Doe
    Customer
  • The Yoga Yajnavalkya is another early text on yoga that provides description of Yoga techniques and its benefits. Two of its Sanskrit palm-leaf manuscripts have been dated, one is from the early 10th-century CE and another more firmly

    Hana Smith
    Customer
  • The Yoga Yajnavalkya is another early text on yoga that provides description of Yoga techniques and its benefits. Two of its Sanskrit palm-leaf manuscripts have been dated, one is from the early 10th-century CE and another more firmly

    Mildred Reed
    Customer

LV= contact Info

Phone : (1)-1234-4444
Email : Contact@GoodLayers.com