I don't really understand your question. Do you realise that a LED is a diode? LED = Light Emitting Diode.
Or did you mean as Nigel assumed that there is a diode in series with the LED. If so, this is unusual. The usual reason to do this is to protect it from reverese breakdown if there is a reverse voltage applied. From memory, LEDs have a maximum reverse breakdown of about 3 Volt.