Mortgage life insurance - the basics

• Mortgage life insurance, which we call Mortgage Term Assurance, is designed to help pay off your mortgage in the event of your death.
• The length of time you choose to be insured for is called the 'term'. You can choose a term between one and forty years for Mortgage Level Term Assurance, or between five and forty years for Mortgage Decreasing Term Assurance, depending on your age when you take the policy out.
• If you die during the term, your policy will pay out a lump sum of money.
• You choose how much life cover you buy. People often want their mortgage life insurance policy to pay out the value of their mortgage or other loan.
• Legal & General offers a choice between Mortgage Term Assurance and Mortgage Decreasing Term Assurance. This is explained in Your options.
• Both types of Legal & General's mortgage life insurance include Terminal Illness Cover at no extra cost.
• If you become a mortgage life insurance policyholder, you'll receive details of our free 24-hour moving day rescue service, SmoothMove. So if there's an emergency when you move house, services such as car recovery, hotel accommodation and legal advice are just a phone call away.
  
  To provide SmoothMove, Legal & General have teamed up with Inter Partner Assistance, one of the largest international emergency assistance organisations. Inter Partner Assistance provides the SmoothMove Insurance Plan.
• Should you decide to purchase one of our mortgage life insurance policies, you must read the appropriate Key Features and Policy Conditions PDF's. You can open and download these from the right-hand menu.
• You can get an immediate quote for our mortgage life insurance on this website, and if the cost and the amount of cover suits you, you can apply online today.
• You may increase the amount of cover on certain events, such as marriage or home improvements (subject to certain conditions). This is your Guaranteed Insurability Option.