Overall rating: 4.7/5
Legal & General is the UK's largest life insurer by volume and one of the most competitive on price. Their term life insurance products are straightforward, competitively priced, and widely available through comparison sites and advisers.
Who is Legal & General?
Legal & General is one of the UK's leading insurance providers, offering a range of protection products to individuals and businesses. They are authorised and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).
Legal & General Life Insurance — key features
- Consistently among the cheapest premiums in the market for standard risks
- Strong claims payout record — typically 99%+ for term life insurance
- Widely available through IFAs, brokers, and comparison sites
- Flexible policy options including level and decreasing term
- Policies can be written in trust at no extra charge
Things to consider
- Online application can be limited for non-standard health profiles
- Customer service wait times have received mixed reviews
- Limited additional policy benefits compared to some competitors
How does Legal & General compare?
While Legal & General is a strong provider, the best life insurance policy for you depends on your age, health, occupation, and financial commitments. We always recommend comparing the whole market — Legal & General may or may not be the best option for your specific profile.
Claims performance
Legal & General publishes annual claims statistics showing their payout rates. Major UK insurers typically pay out 97–99% of life insurance claims and 90–95% of critical illness claims. Always check the latest published data before buying.
Should I choose Legal & General?
Legal & General is a reputable, established insurer with a strong track record. However, the right insurer for you depends on your specific circumstances — particularly if you have any health conditions or a non-standard occupation. Use our comparison tool to see how Legal & General compares across the whole market.
Frequently Asked Questions
Legal & General is one of the UK's most established insurers with strong financial ratings and a good claims payout record. Whether it's the best option for you depends on your age, health, and needs — always compare the full market.
Contact Legal & General directly using the claims number on your policy documents. For life insurance claims, your beneficiaries or executor will need to notify the insurer and provide a death certificate and policy details.
Yes — most policies have a 30-day cooling-off period after purchase. After that, you can cancel at any time, though you will lose your cover and any premiums paid will not be refunded.