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9th

Legal and General Life Insurance Logo

Decreasing Term Life Insurance

(11,061 reviews)

Review Score

7.2

Legal & General Reviews

See which providers perform best in our Decreasing Term Life Insurance comparison  

Legal & General gives you accidental death benefit while they process your application so you have some form of cover in the meantime.

Laura Marshall

13/07/2020

Life Insurance

I only just got my life insurance with Legal & General 2 days ago. I applied online and answered questions and based on those I got a good deal. I was notified very quickly that I was approved. Very happy with the service so far!

Pleased to hear you've received excellent service so far, Laura.

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Simon Harris

21/07/2020

Average

Average.

Thanks for leaving a review, Simon.

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About

Legal and General Life Insurance Logo

Legal & General appreciate that life insurance isn't for their customers, it’s for their customer's loved ones that they leave behind which is why they have made their life insurance as simple and fuss-free as possible.


Pricing

Quotes our team received

Price Band

£ £ £ £ £

Quotes our team received

Life Insurance Pricing Image One

Details

Decreasing term cover quote for £150,000

Decreasing term quote

£7.16

per month

Second medical opinion

Yes

Claims paid

97%

Life Insurance Pricing Image Two

Details

Includes £37,500 critical illness cover

With critical illness cover

£23.51

per month

Second medical opinion

Yes

Claims paid

97%

Benefits of Legal & General Reviews Decreasing Term Life Insurance

  • Awarded a 5 Star Defaqto rating for their life insurance plan
  • In 2018 Legal and General paid 97% of claims
  • Cover can start in just 15 minutes
  • Choose from a wide range of consultant specialists throughout the UK
  • Accidental Death Benefit is given whilst your claim is being processed
  • Free life cover between exchange of contracts and completion of your property
  • Request a second medical opinion if a claim has been made for a terminal illness or critical illness
  • Terminal Illness cover could pay out the full amount of cover when your life expectancy is less than 12 months
Compare decreasing term life insurance providers to see how Legal & General Reviews’s decreasing term life insurance performs against their competitors.

What does Legal & General life insurance cover?

  • You’ll be able to claim if you die or are diagnosed with a terminal illness (with a life expectancy of 12 less than 12 months) within the length of the policy.
  • You choose how much cover you need and how long you need it for.
  • Premiums are guaranteed and will not change unless you make changes to the policy.
  • Additional benefits are included at no extra cost, such as Free Life Cover and Accidental Death Benefit.
  • You have the option to add Critical Illness Cover at no extra cost when you take out a life insurance policy.   
 
 

Things you should know about Legal & General life insurance 

  • Life insurance is not a savings or investment product and has no cash value, unless you make a valid claim.
  • If you stop paying premiums when due, your policy will be cancelled and you won’t get anything back from it.
  • You won’t be covered within the first year of the policy if you die as a result of suicide or intentional and serious self-injury.
  • You won’t be covered if your terminal illness does not meet Legal & General’s definition. If your life insurance is to cover your mortgage, your policy may not completely pay off your outstanding mortgage unless you make sure your amount of cover is adjusted to match any new mortgage arrangements. 

Frequently Asked Questions


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