I received a quote from Policy Genius for a 30-year term life insurance with Legal & General that doesn’t require a medical exam. Is Legal & General a trustworthy insurance company? Thanks in advance!
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With 1.5 million customers nationwide and $6.8 billion in assets, Legal & General is regarded as a reputable insurance provider with extensive experience. They have been awarded a final rating of 3.5 stars by Trusted Choice. They have also been rated as Excellent (4.42) and Great (3.9) in customer service evaluations on Trustpilot. A customer experience rating of 74% is reported by Forbes Advisor UK; high marks are given for handling complaints, but lower marks are given for claims payout rates and openness.
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Legal & General America, which includes Banner Life and William Penn insurance companies, has been protecting American families and businesses for over 70 years. They offer affordable life insurance policies to safeguard your financial well-being.
Legal & General America has a TrustScore of 4.4 based on 1,411 reviews, indicating positive customer experiences. Therefore, they are legit and reliable in the insurance industry.
Yes, Legal & General is a reputable and reliable insurance company with a solid track record. Offering no-medical exam life insurance policies is common in the industry, particularly for lower coverage amounts.
Key Points to Consider:
- Policy Details: Review the policy thoroughly, including coverage amount, premiums, exclusions, and any waiting periods.
- Policy Genius: While Policy Genius is a reputable platform, remember they are a broker, not an insurer. Their role is to connect you with suitable policies.
- Compare Quotes: Don’t settle for just one quote. Compare offers from different insurers to ensure you get the best value.