Did you know that you can compare income protection quotes…
Legal & General are one of the UK’s leading financial services providers, offering a range of income protection and life insurance solutions.
But is their income protection good and how does it match up to others on the market?
Why not use the services of Reassured Advice to compare Legal & General income protection with all the UK’s best income protection providers.
Their whole of market comparison service allows you to find the best policy to meet your needs, at the right price for your budget (including providers who offer cover from just 20p-a-day ‡ .
Quotes are fee-free and completely without obligation so why not get in touch?
Keep reading this review as we establish if Legal & General are the right income protection insurance provider for you…
Legal & General have been providing financial services in the UK for nearly 200 years.
Founded by a team of six lawyers in 1836, Legal & General are now the UK’s largest individual life insurance provider.
As well as their life insurance, Legal & General are also high commended for their income protection, having won ‘Best Income Protection Provider’ four years in a row at the LifeSearch awards.
Across all of their services, Legal & General are rated 3 stars on Trustpilot - with 44% of their customers rating them as ‘Excellent’.
Furthermore, their income protection benefit policy is rated 5 stars by Defaqto.
Overall, customers of Legal & General rate their income protection well and you’ll also benefit from being protected by a well trusted household name when taking out one of their policies.
Why not compare Legal & General income protection through Reassured Advice? A friendly member of the team can help you to find the best available deal.
Income protection through Legal & General will cover you for:
The injury or illness sustained must be one that prevents you from carrying out the daily activities of your job.
You must be incapacitated for longer than your deferred period in order for your payments to commence.
Income protection payments can help you stay afloat financially when you’re unable to earn your usual income.
Compare Legal & General income protection through Reassured Advice today.
Why not input your monthly outgoings into our income protection insurance calculator (below) to find out how much cover you need?
Legal & General offer two income protection policies, these include:
When taking out income protection through Legal & General, there are a few key policy terms and conditions you should be aware of.
To fully understand your policy why not speak to an expert like Reassured Advice?
A friendly member of the team can help you through every step of the application process, while finding you the best available deal from the whole of the market.
The price you pay for Legal & General income protection will vary from person to person.
During the application process Legal & General will ask for key information and this will help to determine the price you pay.
The information you’ll be asked to provide includes:
|Age||Legal & General income protection (1 year payment period) price a month||Legal & General income protection (payment period until age 65) price a month|
Quotes are based on a non-smoker, in good health, with an annual income of £30,000. Cover is until age 65, with a 3 month deferred period and a maximum benefit amount
As you can see from the table, the price you pay increases each year as you get older.
Seize the day and take out cover sooner rather than later to lock in the most affordable premium price.
Legal & General income protection can be secured through Reassured Advice from around £7 a month, however, we can also help you to compare income protection policies from other leading providers starting from just £5 a month.
Simply get in touch for your free quotes.
Legal & General are one of the UK providers who offer special features to meet the needs of NHS workers.
These features include:
Stepped benefit - This will allow you to have two deferred periods. You can have both a 26 and 52 week deferred period, which will allow you to receive payments at stepped times to help match up with your NHS sick pay schedule (for those that have been in service for 5+ years.
It can also be possible for arrangements to be made for those who have been with the NHS for less than 5 years).
Income guarantee - Your benefit amount will be calculated based on your earnings at the time of your claim (not when you first took the policy out), so if your earnings have gone down you may receive less than you were expecting.
Income guarantee can help you to protect your benefit amount. For those in the medical profession, this will be the lower of £3,000 or the monthly benefit at the start of your policy.
You must meet the following criteria to qualify for these benefits:
Why not read our complete income protection for doctors article to find out more about what options are available to medical professionals? »
Legal & General also offer executive income protection. A policy which can be taken out by a business (rather than an individual) to protect the income of an employee.
Any employed could be named as the insured person, including employed directors of their own limited company.
Executive income protection can allow small - medium sized businesses to provide some form of financial protection, as they may be unable to qualify for large group protection schemes.
As premiums are paid for by the business, they can often be classed as a business expense - allowing them to be tax deductible for the business.
We have a dedicated executive income protection page if you require more information »
In 2021, 81% of income protection claims were paid out by Legal & General.
The average pay out sum was £1,067 per month and the top three reasons for making a claim were:
To make an income protection claim with Legal & General you will need to contact them directly.
You may be required to fill in some forms and provide some medical evidence of your illness or injury.
Once a claim has been deemed successful, you’ll need to wait for your deferred period to end before your payments will commence.
You’ll need to have made at least one monthly premium payment in order to make a claim on your policy.
Legal & General income protection policies come with a range of additional benefits, including:
To compare Legal & General income protection with some of the UK’s best providers, contact Reassured Advice.
Quotes are fee-free, personalised and completely without obligation.
Comparing quotes will allow you to see multiple offerings so you can ensure you’re getting the best available price.
Not only can Reassured Advice help you to compare Legal & General quotes, but a friendly member of the team can be on hand to answer any questions you might have.
So why not use their whole of market comparison service to find your ideal policy?
The information in this article has been taken from the Legal & General website and is correct as of 14th June 2022
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Yes very pleased with my choice very helpful easy to understand and very pleasant transaction all good!Mrs M Rushworth
Very professional and reassuring. Life insurance sorted in about 10 minutes.Stephen Davies
very courteous and friendly. Polite professional and empathic.Stedroy Fenton
Another happy customer I am. They are very professional and kind. Fully communicative. I recommend.Piotr Stepien
Really attentive during the call, good clear guidance throughout. Well done.Michael Reynolds
Amazing service quick fast and easy and Joey was a star on the phone really help me thanks.Sera Woolley
I made the right choice and now I feel relieved that I did.glyn
Really genuine kind and compassionate team with great knowledge and friendly approach highly recommend them!Katelia Merritt
I must say Jake took me through every step and was brilliant, recommend them anytime.Allan Green
Very happy and everything explained well, so glad a took the time to take the call, normally I would say I'm busy. But compared to other company's we save so much more money.Jenny Berry