Legal
& General Life Insurance
Term
Assurance from Legal & General
Why buy Term Assurance from Legal & General?
Legal
& General Term Assurance offers some of the best value
for money premiums available today, including Terminal Illness
Cover without extra cost, and you can buy your cover online.
You
can choose from two types of Legal & General Term Assurance
- Decreasing Term Assurance and Level Term Assurance.
Legal
& General Level Term Assurance
Use this cover to protect you, your family, your mortgage
or a business, for a fixed monthly premium throughout the
term you have chosen (unless Critical Illness Cover with reviewable
premiums is selected). The amount of life cover you have chosen
will be paid out as a lump sum if you die, or are diagnosed
with a terminal illness and are eligible to claim before the
term ends.
Legal
& General Decreasing Term Assurance
Use this cover to protect you, your family, your mortgage
or a business, for a static monthly premium throughout the
term you have chosen (unless Critical Illness Cover with reviewable
premiums is selected). This type of cover is typically used
to protect a repayment mortgage and is normally cheaper than
Level Term Assurance. This plan provides a guaranteed sum
of money if you die, or are diagnosed with a terminal illness
and are eligible to claim during the period you have chosen
for cover. The amount decreases over the term of the policy
roughly in line with your outstanding mortgage debt.
Legal
& General Term Assurance policies have no surrender value
at the end of the term, or if you choose to cancel the policy
early. This means that the cost of this type of cover is lower
than whole-of-life policies given the amount of life cover
provided.
For
further information on Legal & General life insurance
visit the Legal & General website.
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& General Home Insurance
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& General Over 50's Life Insurance
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& General ISA
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& General Cash ISA
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& General Fund and Equity ISA
Legal
& General ISA and PEP Transfers
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