LV= has published a new version of its Little Book of Protection.

The free updated book is designed for advisers to use as an aid in their conversations with clients, on the different types of protection available.

The book looks at the different types of cover available and also the different lifestyle aspects that could be an important trigger and create a need for protection.

For example, LV= says the average new family car costs £5,869 annually to keep on the road, and between the ages of one and four a child costs their parents an average of £53,586.

Mark Jones , LV= head of protection, said: “The financial pressures that many people are under can make it difficult for them to look any further than today