Is Legal and General Life Insurance Legit? What are People Saying?

Legal & General’s life insurance is rated well, earning a 5-star Defaqto rating.

On Trustpilot, customers give them an overall 3.1-star rating, with 43% of people giving them the highest 5-star rating. 

If you’re still curious if it’s as good as they have said.

Then read up to know all about Legal and general life insurance how it’s operated whether it fits your safety requirements.

What’s Legal & General?

Legal & General (L&G) is a big company that was started in 1836 by six lawyers. It’s a money company. 

They’re in London. L&G gives lots of different money to help. They do stuff like investing, pensions, and insurance.

Legal and General Life Insurance

What kinds of Life Insurance Does L&G have?

L&G has a few types of life insurance:

  • Level-term life insurance: Pay-out stays the same for the time you choose.
  • Decreasing term life insurance: Pay-out gets less over time, to match what you owe, like a mortgage.
  • Increasing term life insurance: Pay-out gets bigger over time, to keep up with money value changes.
  • Over 50s life insurance: If you’re between 50 and 80, you can get it without a health check.
  • Whole of life cover: You’re covered for your whole life, not just a time.
  • Critical illness cover: Pays out if you get a serious illness or disability. Costs extra.
  • You can get a policy by yourself or with someone else. You pay monthly or yearly.

How Much Life Insurance Do You Need?

Think about how much money your family needs if you’re not there. Look at your money, debts, savings, and how long they’ll need help.

How Much Does Life Insurance Cost?

It can be less than £10 a month if you’re healthy and young. But it depends on lots of things like how much you want and your age.

Is L&G good for life insurance?

L&G’s customers give them 4.4 stars out of 5. They’re good at handling complaints but not so great at being clear. In 2020, they paid out most claims.

Should You Get Life Insurance From L&G?

Check if you already have cover from work. But even if you do, it might be good to get extra cover. Look at different companies and what they offer before you decide.

How Do You Contact L&G?

You can call them from 9 am to 6 pm, Monday to Friday. Or go online. They’re also on Twitter[now X] as @landg_uk and Facebook.

Conclusion

Legal & General takes care of everything when it comes to deciding on insurance and handling claims. 

You won’t need to talk to any other companies if something happens and you need to make a claim

Leave a Comment