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- Life Insurance - The Facts
>> Legal & General Life Insurance
Life Insurance :
from £6.00 a month - that's just 20p per day!
Level Term Assurance :
for between 1 and 40 years
Decreasing Term Assurance :
for between 5 and 40 years (as long as your insurance plan ceases before your 80th birthday).
Here are some key points to consider about Legal & General’s Life Assurance Plans :
- Life Insurance from £6.00 a month - that's just 20p per day!
- Insurance from 1 to 40 years.
- Almost two thirds overestimate life insurance costs.
A recent survey shows that 65% overestimate the cost of life insurance and this may prevent people protecting themselves and their loved ones. - 65% overestimated the cost of life insurance and a further 36% overestimated to cost of adding critical illness cover.
>> With premiums from as little as £6.00 a month, why not get a quick online quote from Legal & General and see how affordable life insurance could be.
All figures, unless otherwise stated, are from YouGov Plc. Total sample size was 1,964 adults. Fieldwork was undertaken between 18th - 21st July 2008. The survey was carried out online. The figures have been weighted and are representative of all GB adults (aged 18+).
Legal & General is one of the largest providers of life assurance in the UK. Established in 1836 it is one of the FTSE 100’s top 50 companies, and is responsible for arranging protection, investments, and pensions for over 5.6 million people.
Mortgage Protection Plan
- The cover reduces over the term of the contract.
- Premiums are therefore cheaper than for a standard level term contract.
- The plan provides enough cover to pay off your repayment mortgage.
- Mortgage Payment Insurance and Unemployment cover are also available under this contract to protect you against illness or redundancy, and to ensure your mortgage payments are maintained during more difficult times.
Level Term Assurance
- The amount of cover stays the same throughout the term of the contract.
- The policy term can be anywhere between 1 and 40 years.
- The plan can be placed in trust for further protection.
Family and Personal Income Plan
- The plan pays out a regular tax-free monthly benefit.
- You choose the amount of benefit payable when you take out the plan.
- The term of the plan can be anywhere between 5 and 40 years.
- The benefit is payable from the time of a claim to the end of the contract.
- You can choose to receive the benefit as an equivalent lump sum in one go, which Legal & General will calculate for you at the time of a claim.
Here are some important points to note about the plans highlighted above :
- The plans pay out in the event of death.
- Terminal illness cover is also included at no extra cost.
- The amount payable in the event of a claim is free of income or capital gains tax.
- You do not need to notify Legal & General of any changes to your health or circumstances once the plan has started.
- Waiver of Premium and Critical Illness cover can be added as optional extras.
- Indexation can be added to ensure the amount of over you have for family protection keeps pace with inflation over time.
- A Guaranteed Insurability Option can be exercised to increase the amount of cover during the term of your contract without further medical evidence.
>> Apply online for Legal and General Life Insurance from just £6.00 a month!

