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As I begin settling down and taking on more financial responsibilities, protecting my family’s future has become a top priority. That’s why I recently decided to purchase a life insurance policy, and after extensive research chose Legal & General as my provider.
In this blog post, I’ll explain what drew me to Legal & General and the specific policy I purchased. By the end, you’ll understand why they’ve become one of the most prominent names in the UK life insurance industry.
Extensive Experience & Expertise
Founded in 1836, Legal & General has decades of experience under its belt. As one of the largest insurers in both the UK and global protection markets, they understand life insurance inside and out.
Operating at such a scale also provides Legal & General strong financial resources. This gave me confidence my family’s future payout would be safe, as they hold over £1 trillion of investments under management.
Working with industry veterans meant peace of mind from experts. I knew Legal & General’s dedicated protection specialists could expertly guide me to the right coverage solutions.
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Wide Range of Policy Options
Rather than offering a one-size-fits-all approach, Legal & General provided a diverse selection of life insurance plans to suit varying needs:
- Term Assurance – Affordable short-term coverage ideal for mortgages.
- Whole of Life – Guaranteed lifelong protection for ultimate peace of mind.
- Critical Illness – Pays out a tax-free lump sum if diagnosed with conditions like cancer.
- Income Protection – Replaces part of lost earnings during illness/disability periods.
This variety allowed personalizing protection precisely as required. I obtained a tailored solution without excess fat for optimized value.
Simple Online Application
Thanks to Legal & General’s digital capabilities, I was able to quickly obtain a customized quote and purchase policy entirely online – no need for paperwork or face-to-face meetings.
The straightforward application only took 10-15 minutes, providing basic details such as:
- Personal information like name, age, and employment.
- Medical history, lifestyle factors, and existing conditions.
- Coverage needs in terms of amount and length.
Immediate premium indications upfront and the ability to easily tweak specifics aided in finding the most budget-friendly option to meet my goals.
Highly Customizable Coverage
Rather than rigid ‘set and forget’ policies, Legal & General granted flexibility. Options like increases, decreases or cancellations could be requested any time.
I also appreciated additive benefits like:
- Living Benefits – Early payouts for terminal illnesses.
- Family Income Benefit – Provides for children’s future too.
- Accelerated Underwriting – Some qualify for streamlined application and faster approval.
This ability to tailor coverage gave needed dynamicity as life changes occur. I always felt in control partnering with Legal & General.
Outstanding Customer Service
Where Legal & General most impressed however was world-class client support – a true priority evident across all touchpoints. Some key aspects include:
- Dedicated advisors are available via phone, and email for personalized assistance.
- Streamlined online account portal for self-service convenience.
- Fast, compassionate claims handling should the unexpected occur.
- Multi-channel service catering to any contact preference (live chat, text, video calls).
Independent surveys consistently rate Legal & General at the top for service quality, a major reason for my choosing them initially.
Affordable Premium Rates
Naturally, cost is a major deciding factor, and Legal & General delivers on price competitiveness.
Quotes aligned well or often undercut top competitors like Aviva and Direct Line based on my profile. Their scale allows efficiencies passed to customers.
Plus regular premium reviews ensure rates maintain relevance over the long term as life changes – a thoughtful value-add. Overall affordability made partnering with them an easy choice.
My Policy with Legal & General
After reviewing options, I settled on a £250,000 20-year term assurance policy with Legal & General. Key details:
- Premiums: £25 monthly
- Term Length: To age 50 (renewable up to 65)
- Coverage Amount: £250,000
- Beneficiary: My wife as primary, children as secondary
This plan suits my needs while young and affordably protects my family for two decades through mortgage repayment years. The online application process took all of 20 minutes to complete and activate protection.
Overall Experience
In conclusion, I’ve been thoroughly impressed with partnering with Legal & General so far. As experts, leaders, and most importantly, their exceptional customer focus, they’ve provided exactly what I sought in a life insurance partner.
My entire experience, from easy quoting and application to policy servicing, has been streamlined and stress-free. The peace of mind protecting my loved ones gives makes choosing Legal & General feel completely risk-free in itself. I look forward to a long and valued relationship with them.
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