Legal & General Review

Legal & General was formed by Sergeant John Adams and five other lawyers in June 1836. L&G has agreements in place where by companies like Barclays, Sainsbury’s, HSBC, BM, Alliance & Leicester and Nationwide Building Society to name a few can also sell Legal & General products directly. Legal and General employs almost 10,000 people and is a FTSE100 company. Legal & General provides investments, life insurance, home insurance and pensions.

Legal & General Insurance Review.

Legal & General offers life insurance and home insurance directly to consumers so if you want to buy directly rather than through a third party the option is open to you. Life Insurance Products include general life insurance and the over 50's life insurance policy which is specifically aimed at those over the age of 50. There are two main product types – both of which can be applied for online. Life insurance  - both level term life insurance and decreasing term.  Level term means the amount insured remains the same throughout the term of the life insurance policy, unless the policyholder chooses to exercise his/her guaranteed insurability option.  Decreasing is similar but the amount decreases over the term of the life insurance policy. This cover is usually chosen to help protect a repayment mortgage. Mortgage life insurance  - this offers both level term and decreasing term option.   Providing the same benefits as above but with the addition of  SmoothMove.  (SmoothMove is a free 24 hour moving day resuce service, provided by Inter Partner Assistance).   Legal & General’s low cost cover costs from 20p a day – that’s £6 a month! Based on a healthy non-smoking female, aged 33 for £100,000 of level term assurance over 20 years  (date of quote: 03.07.09). What you pay will depend on your individual circumstances, but it’s surely worth a quick no obligation quote to see how Legal & General compares. Legal & General also offer home insurance. Saving money can often mean cutting back on quality - but that's not the case with Legal & General Home Insurance. That’s why they were awarded ‘Best Home Insurance Provider’ at the Personal Finance Awards November 2008. You can save up to 43% off their standard rates online. If you want to save even more, you can select a higher excess – that’s the amount you’d pay towards any claim.  Choose a higher excess and Legal & General will give you a significant saving on your premium. As well as great savings, they provide quality cover and excellent service.  From the big things like fire, flood and theft, right down to your freezer contents and downloaded music files, you can rest assured it's covered. You can also tailor your cover for extra peace of mind – with optional extras such as accidental damage, legal protection and personal possessions cover. Here's just some of the things that are included as standard with their buildings and contents insurance: •    Home emergency – provides cover up to £150 for emergencies such as a burst pipe or break in •    Alternative accommodation provided should you need to move out of your home temporarily because of an insured event, like a fire •    Your contents sum insured is automatically increased by 10% one month before and after special events like Christmas or a wedding •    Includes credit card cover, it you suffer a loss from credit card fraud – up to £5,000 •    Freephone 24-hour helplines for domestic emergencies and legal help •    Contents temporarily removed from your home. For example, this would cover students' belongings while they are living away from home – up to 15% of contents sum insured (min £7,000) •    Replacement locks and keys if your keys are stolen – up to £750 •    They even cover your freezer contents – up to £1,000