Premiums

• The premium we quote you is affected by a number of factors. The main ones are your age, sex, occupation, smoker status, health, the level of cover you need and type of contract that you choose. Normally, the older you are, the higher the premium. Your individual height, weight, medical history and lifestyle are all assessed.
• There are no hidden extras - premium payments include all expenses and cover starts from just £6 per month depending on your individual circumstances and needs.
• Premiums are guaranteed - you pay the same throughout the term of the plan. However, if you decide to include critical illness cover in your plan, you can choose between guaranteed or reviewable premiums. If you choose reviewable premiums, these are reviewed every five years and could increase or decrease.
• You can increase the amount your policy covers you for in the future, but your premium will increase. There are also certain terms and conditions for increasing your cover, which are outlined in the key features and policy conditions PDF documents. Please read them carefully.
• Legal & General's life insurance and mortgage life insurance policies include terminal illness cover at no extra cost. Read about terminal illness cover.
  

Risk factors

• Since life insurance and mortgage life insurance are important financial safety nets, it is essential that you give us all the information we ask for on the application form and that it is accurate. If you fail to mention something like a medical condition, for example, we may not pay out in the event of a claim.
• Legal & General's Mortgage Term Assurance (mortgage life cover) offers you reassurance that in the event of your death, or terminal illness, there'll be help to pay off your mortgage. It is not connected to the mortgage itself, or the repayments you make on it. If you don't keep up repayments on your mortgage, you may risk losing your home.
• For Decreasing Term Assurance and Mortgage Decreasing Term assurance, if mortgage interest rates average over 10% during the policy term, there may not be enough cover to pay your mortgage off in full.
• You must read the appropriate key features and policy conditions PDF documents carefully before buying our life insurance or mortgage life insurance policies. Both are listed on the right hand menu and clearly detail the circumstances under which the policy would not pay out, as well as other terms and conditions.
• Term assurance (life insurance) plans are not investment products. They have no cash in value at any time. Also, if you stop paying the premiums before the end of your policy, your cover will end after 30 days.