The highest claim value was £800,000, with the oldest claimant aged 87 and the youngest at 44.It also revealed the gender split for death claims was 71% male and 29% female.
LV= has also paid out nearly 190 pandemic-related claims to policyholders with short waiting period Personal Sick Pay policies.
Payments totalled £64,000 with the most common claimant occupations being nurse, care assistant, carpenter, hairdresser and builder.
The Lloyd’s of London insurance market, whose results are a combination of more than 90 syndicate members, said it would pay out £2.4bn in pandemic-related claims in the first half of the year alone.
Debbie Kennedy, director of protection, LV=, said: “The financial and emotional impacts of the coronavirus and lockdown are far reaching, worrying and uncertain. I’m proud of how we’re adapting to offer reassurance and support where we can; it’s in times like these that the strengths of mutuality can come to the fore.
“Since the start of the outbreak, we have been reviewing every aspect of what we do – including flexing our underwriting and claims processes and options to best support our members, and to help people get the cover they need in place without delay”.