LV=, the mutual financial provider, has declined to comment on reports that it will sell off or float the business.

Medical screenings by LV= can now be held in policyholders’ gardens, with alternative options considered for those not wanting home visits.

Protection insurer LV= has made payments of more than £2.5m so far in Coronavirus-related income protection and death claims to nearly 300 individuals and families.

Financial provider LV= says applications for its fixed term annuities have doubled over the past month.