You choose how much life insurance you buy. People often want their policies to pay out a multiple of their salary, or you may have dependants to think of, or a mortgage or loan to cover. If you want to cover your repayment mortgage and provide a lump sum for your loved ones you may want to consider combining life insurance and mortgage life insurance policies. We have a calculator that can help you decide how much life insurance cover you need.

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 Life Insurance or between five and forty years for Mortgage Life Insurance, providing that the policy ends before your 80th birthday.

• Life Insurance (also known as Level Term Assurance) helps to protect your family by paying an agreed lump sum if you die during the policy term.
• Mortgage Life Insurance is designed to help pay off your mortgage should you die during the term of the policy. For repayment mortgages, Decreasing Term Mortgage Life Insurance could be considered as the level of cover decrease roughly in line with your mortgage. For interest only mortgages, where your balance remains the same for the mortgage term, Level Term Mortgage Life Insurance could be chosen as the level of cover will not change throughout the term of the policy.

Premiums start from just £6 per month.

• There are no hidden extras - premiums are guaranteed - you pay the same throughout the term of the policy.
• 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.

The premium is affected by a number of factors. The main ones are age, occupation, smoker status, health, the level of cover you need and type of contract that you choose. The older you are, the higher the premium. Your individual height, weight, medical history and lifestyle are all assessed.

• If you die during the term, your policy will pay out a lump sum of money.
• Legal & General's life insurance policies include terminal illness cover at no extra cost. This means that the policy will pay out if you are diagnosed with a terminal illness for which you are eligible to claim (although not in the last 18 months of the policy). Read more about the free terminal illness cover.
• There are instances when the policy would not pay out. Please see the key features and policy conditions PDF documents for full details.

No. The policy will only pay out should you die during the term or if you are diagnosed with a terminal illness for which you are eligible to claim (although not in the last 18 months of the policy).

If you decide to cancel the policy within 30 days of being accepted we will refund any premiums paid. If you decide to cancel at a later date you may not receive a refund of any premiums. Full details of cancellation rights are in the key features and PDF document.