Risk factors

• Since mortgage life insurance is an important financial safety net, 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 paying off the 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 Mortgage Decreasing Term Assurance, if your mortgage interest rate averages over 10% during the policy term, there may not be enough cover to pay your mortgage off in full.
• You must read both the appropriate Key Features document and the Policy Conditions document carefully before buying our mortgage life insurance. Both are listed on the right-hand menu. They clearly detail the circumstances under which the policy would not pay out, as well as other terms and conditions.
• Mortgage 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.
• Terminal illness cover is not applicable for the last 18 months of a policy term.