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Legal & General Life Insurance

Term Assurance




Policy Terms PDF
Key facts PDF

Company Type

Public Limited Company

Company Overview

Legal & General was formed by Sergeant John Adams and five other lawyers in June 1836 in a Chancery Lane coffee shop.

L&G have become a leader in the protection market with over 7 million customers for their life assurance, pensions, investments and general insurance plans.

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Life Insurance Overview

Legal & General are the UK’s number one individual Term Assurance provider with many awards for their services to their clients and the industry.

They offer a level or decreasing term life insurance policy which pays out a lump sum on the event of your death or terminal illness.

Legal & General also provide a variety of additional options with their life insurance products including; critical illness cover, accidental death benefit, a premium waiver and the ability to change your options throughout the policy.



Legal & General paid out 98% of life insurance claims in 2014.


The premiums are guaranteed to stay fixed throughout the length of your policy providing you do not want to alter the policy during the term.


A Critical Illness Cover option is available, which could protect you against 41 serious illnesses such as heart attack, cancer or stroke.


Legal & General offer a 4% discount for annual premiums.


Legal & General Policy Conditions

An overview of the key policy details of Legal & General’s Life Insurance proposition.

   Overview of Key Policy Details

Policy Type

Life Insurance

Policy Options

Level Term Life Insurance, Decreasing Term Life Insurance, Family Income Benefit and Whole of Life cover.

Policy Coverage

  • Single & Joint plans are available on a first death basis.
  • Whole of Life Cover offers both first and second death single or joint plans as well as a life of another option.


Full Medical Underwriting

Premium Type

Guaranteed and Reviewable

Terminal Illness Cover

(Not included for whole of life cover)

Optional Critical Illness Cover


Critical Illnesses Covered

41 critical illnesses are covered

Children’s Critical Illness Cover




Waiver of Premium


Maximum Cover

  • Unlimited
  • £5,000,000 for Whole of Life Cover

Minimum Cover

Determined by the minimum premium which is £1

Max. Policy Term

40 years
No maximum term for whole of life cover

Min. Policy Term

1 year
Terminal illness does not apply

Min. Entry Age

17 years old
In trust with someone over 18 years of age

Max. Entry Age

  • Level Term: 77 years old
  • Decreasing Term: 74 years old (Policy must end before the policy holders 80th birthday)
  • Whole of Life Cover: 84 years old

Guaranteed Insurability

  • GIOs are available enabling you to increase your cover due to marriage / civil partnership, a new child from birth or adoption, increased mortgage and increased earnings.
  • There is no need for further medical evidence on the occurrence of specified events.
  • Maximum increase of £200,000

Policy Exclusions

There are partial exclusions for alcohol or drug abuse for specific conditions. Suicide is excluded within the first 12 months of the policy

Application Process

We can arrange for a paper application, however we would recommend that you complete your application with one of our independent insurance experts over the telephone on 0208 432 7333.

This is to ensure that you have not missed anything and will not risk any failed claims due to non-disclosure in the future

Claims Telephone Number

There are a range of telephone lines available Mon-Fri 9-5pm including:

  • 0800 137 101 (Bereavement),
  • 0800 068 0789 (Critical illness)
  • 0800 137 101 (Terminal illness),
  • 0800 027 9830 (Waiver of premium)
  • 0800 027 9830 (Income Protection)

Other L&G Policies

We have taken care to ensure that the information on this Drewberry owned website is accurate. However we can give no guarantee as to the accuracy of the content of the site. We accept no liability for any losses whether direct or indirect arising from errors on our part.

Other Insurers



Drewberry reviews Legal & General Life Insurance…

Their life insurance policies are particularly flexible and Legal and General will allow you to change your options throughout the policy.

You can opt for a level or decreasing term life insurance policy which pays out a lump sum should you pass away or be diagnosed with a terminal illness.

Legal & General also allow you to add on a range of additional benefits including;

  • Critical Illness Cover – Pays out a lump sum should you suffer one of the 40+ serious illnesses as defined in the policy terms.
  • Accidental Death Benefit – Included automatically on all term assurance applications at no extra charge, and will pay out if you die as a result of an accident while your application is being underwritten.
  • A Premium Waiver – means they will waive your premiums, if you are unable to work due to incapacity, caused by an illness or accident.



Legal & General Life Insurance – Questions and Answers

A series of commonly asked questions with regards to the policy coverage of the L&G Life Insurance plans.

Q. Can I change my life insurance policy with Legal & General at any time?

A. A unique feature of the Legal & General life insurance policies is that yes, you can change your policy at any time during the cover term. You can request any of the following changes to your policy;

  • Increase or decrease the amount of cover,
  • Extend or reduce the period of cover,
  • Remove a life assured,
  • Change the frequency of your premiums between annually and monthly.

Q. I eventually plan to have a family. Can I increase my life insurance cover with Legal & General if I have children?

A. Yes. Legal & General have a range of guaranteed insurability options including the ability to increase you cover due to a new child from birth or adoption. The same option is available should you get married, increase your mortgage or earn more money.

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4.92 / 5 Average
1331 Reviews
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Professional, quick and straightforward service from Victoria for the second time in a raw.
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Sam Carr was very knowledgable, efficient, called when he said he would and kept me updated through out the process
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Was extremely impressed with the service we received from Michael.He was so helpful with good advice and saved us money.The policy was set up and running with in a couple of days.would definitely recommend to friends.Thank you.
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I would like to say thank you to Ciaran King for his professionalism, respect and sensitivity with dealing with my income protection insurance.
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Ceiron King did an amazing job setting up my insurance. He was meticulous to all details and made sure everything was individually tailor made to suit my circumstances. When I had queries he was able to take on board any issues and find solutions quickly. Pleasant, easy to talk to, engaging, personable chap who effortlessly made me feel that I'd found the right firm. Highly recommended.