Life insurance

How it works

If you are aged under 55 when taking out a policy, waiver of premium could help pay your Life Insurance premiums if you are in gainful employment but are too ill to undertake your normal occupation due to incapacity caused by illness or injury.

Although you would have to pay your premiums for the first 26 weeks of incapacity when you can’t work, after that your premiums will then be waived, giving you one less thing to think about at a potentially stressful time.

Things you need to know

You must be aged under 55 and accepted on standard terms and normal rates (meaning you have not had any exclusions or ratings added to your cover).

If you are not in work before the onset of incapacity, your premiums are waived if, in the opinion of Legal & General’s Medical Officer, you are unable to perform three or more of the following specified work tasks:

• Walking – the ability to walk more than 200 metres on a level surface.
• Climbing – the ability to climb up a flight of 12 stairs and down again, using the handrail if needed.
• Lifting – the ability to pick up an object weighing 2kg at table height and hold it for 60 seconds before replacing the object on the table.
• Bending – the ability to bend or kneel to touch the floor and straighten up again.
• Getting in and out of a car – the ability to get into a standard saloon car, and out again.
• Writing – the manual dexterity to write legibly using a pen or pencil, or type using a desktop computer keyboard.

Your premiums will be waived until one of the following occurs:

• You're fit to return to work and no longer fulfil the definition of incapacity as detailed above
• Payment of the sum assured
• You reach the end of the policy term.
  

Please see the Key Features Document for further details.