ProtectIVA is an entirely new IVA Payment Protection Insurance, unique in that it provides guaranteed cover and guaranteed premium cost for the full five-year term of an IVA. It is the only IVA Payment Protection Plan available regardless of who the creditors or Insolvency Practitioner might be. ProtectIVA has been introduced in recognition of the huge amount of IVA’s that fail to complete through no fault of the individual – whether it be due to Accident, Sickness or Redundancy. Our main objective is to help people maintain their IVA payments and continue to move forward to a debt free life, alleviating doubts caused by anxiety and stress and increasing peace of mind along the way, not just for the people making the repayments, but for Insolvency Practitioners and Creditors too. ProtectIVA is underwritten by UK Underwriting Ltd on behalf of AXA Insurance UK plc, and is marketed by ProtectIVA Ltd., an Introducer Appointed Representative of DMS Security Plans (DMS).
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