Is Legal and General a good life insurance company is yes, Legal and General is considered very good, reputable, and one of largest life insurers in UK and US. Legal and General Group plc, officially Legal & General Group plc, headquartered London, UK, at One Coleman Street, London EC2R 5AA, UK, founded in 1836 in London as Legal & General Life Assurance Society, offering life insurance, pensions, and investments, publicly traded on London Stock Exchange under ticker LGEN, with market capitalization over 10 billion pounds, with financial strength rating A+ from AM Best and AA- from Standard and Poors, indicating very strong ability to pay claims, with assets over 1.2 trillion pounds. In UK, Legal and General is largest life insurer by market share, offering term life insurance, whole life, and over 50s plans, with customer satisfaction around 4.5 out of 5 stars on Trustpilot with over 20,000 reviews, with positives including competitive pricing with low premiums, easy online application with quick decision, and good claims payout rate around 97 to 98 percent of claims paid, with negatives including some complaints about premium increases after initial term. In US, Legal and General America, headquartered Frederick, Maryland, USA, offering Banner Life and William Penn term life, also highly rated. So Legal and General is good life insurance company, very good financial strength with A+ rating, large and reputable since 1836, high claims payout rate around 97 percent, considered good for term life with competitive pricing.
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