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Life Insurance Calculator

Looking for life insurancebut not sure how much you need? Don’t worry, Legal & General's life insurance calculator can help you in just four easy steps.

Simply enter your details, and the online calculator will do the rest, based on the information you provide. This will give you a better idea of how much life insurance you might need.

Before buying a life insurance policy it's important to consider your current living expenses, significant outgoings, any cover already in place and the financial help your family or partner may need in the future.

Life Insurance Step 1: Current living expenses

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Your Results – Back to your details

The amount of term life cover you may need is:


Please note: the sum calculated is an estimate only. This is based on the information you have provided and should not be taken as recommendation or advice. The actual level of life cover you need will depend on your individual circumstances and will be subject to underwriting. Life Insurance is provided by Legal & General.

What next?

Remember that this calculator can only make suggestions based on the limited information you give it. Once you have your estimated life cover cost, select Get A Quote to get a life insurance quote in under three minutes.

To give the most accurate quote, Legal & General will need the answers to some additional questions. This will include further information on anyone else you want the policy to cover and the period of time you want it to last. When you decide to go ahead, the policy will be subject to underwriting.

You should know that life insurance isn’t a savings or investment product and has no cash value unless a valid claim is made. It's your responsibility to make sure your policy is right for you, so if you need any advice then you should get in touch with a financial advisor. Please read the Policy Summary [PDF, 113KB] opens in new window before you apply.

Why choose a life insurance policy through Sainsbury’s Bank?

Help protect the ones you love with life insurance policies and you’ll get:

  • Protection by one of the UK’s largest life insurance providers, Legal & General
  • Access to Legal & General Wellbeing Support Services
  • Plus, get up to 22,000 Nectar points† as a thank you for taking out life insurance when you buy direct with us. The number of points awarded will depend on your monthly premium:
    • If your monthly premium is under £8.50, we’ll give you 10,000 points, which could be worth £50
    • If your monthly premium is £8.50-£20.00, we'll give you 16,000 points, which could be worth £80
    • If your monthly premium is over £20.00, we'll give you 22,000 points, which could be worth £110
  • You'll receive your points within 60 days after you've paid 5 months' of premiums. To join Nectar, just download the app or register at

Only choose a premium you can afford and the level of cover you require.

What is Legal & General Wellbeing Support Services?

It is a suite of telephone-based Wellbeing Support Services provided by RedArc Assured Limited, offering expert help and advice from qualified nurses to you the policy holder, your partner and children living at home. Wellbeing Support Services are available to you from the day you take out cover for the duration of your policy and you won’t need to make a claim to access these services.


Legal & General Wellbeing Support Services explained

There are lots of reasons why you might want access to Wellbeing Support; maybe you’d like a friendly chat following a medical diagnosis, or advice on navigating healthcare systems. We want to support you as much as possible. Here are just some of the ways Legal & General Wellbeing Support can help.

Dealing with a serious illness

If you’ve been diagnosed with a serious illness or require support for a disability, your nurse will be there to offer wellbeing support. That includes helping you understand a diagnosis, advice on managing life with an illness or disability or return to work coaching.

Bereavement support

We know how hard it is to lose a loved one, but you can count on the bereavement support to help you cope. Even if all you need is someone to listen, RedArc nurses will lend an ear.

Second medical opinion

For your own peace of mind following a diagnosis or course of treatment, RedArc can arrange face-to-face appointment with a UK-based specialist consultant.

Mental health support

If you’re having difficulties with your mental health and you’re not sure how to improve it, nurses can provide long-term support and guidance from a mental health nurse as well as counselling, therapy sessions and other forms of wellbeing support.

Carer support

Looking after a sick or elderly loved one is challenging for anyone, and if you’re in that situation, you’ve got to think about your own health and wellbeing too. RedArc can offer emotional and practical support for carers whose wellbeing can be improved.

Help at home

It’s one thing to be discharged from hospital, but the recovery phase can also be a challenging time. RedArc nurses provide health and wellbeing advice over the phone while you’re at home.


Keeping your loved ones safe is the most important thing in the world, and RedArc can provide advice on how to support an elderly relative, whether they’re living independently or at a residential home.

Loneliness and isolation

We can all experience loneliness at different times in our lives – whether we’ve lost a loved one, relocated from our usual home or been diagnosed with an illness. No one should have to face these challenges alone, but our Wellbeing Support provides a direct line to a supportive RedArc nurse.

Specialist counselling

No two people have exactly the same challenges, and Legal & General Wellbeing Support treats you as an individual. Specialist counselling caters for you and your needs.

Dietary and lifestyle guidance

If you’re seeking advice on healthy living – for example, if you’re at risk of a heart attack, stroke or diabetes – RedArc nurses can offer you the guidance you need.

Legal & General Wellbeing Support Services are available to customers purchasing a new Life Insurance policy via Sainsbury’s Bank on or after the 25 August 2022.

For further information regarding the Legal & General Wellbeing Support Services, please refer to the PDF guide.

Life insurance

Everything you need to know about life insurance policies.

Your questions

For more information about how life insurance works, take a look at our FAQs page.

Existing customer?

Already a customer? Log in to your account.

For questions and quotes

 Call 0800 027 7166 * More phone options

Lines are open:
08.30am - 8pm, Mon - Fri
09.00am - 1pm, Sat

* Telephone calls may be recorded for security purposes and monitored under Legal & General's quality control procedures. Calls free from a landline and mobile if calling from the UK.

Offer Terms and Conditions

† Up to 22,000 Nectar points
1. This offer is only available when you take out a new Life Insurance or Decreasing Life Insurance policy. Purchases through price comparison, cashback, voucher code and similar sites are excluded.
2. We award points based on your monthly premium. You'll get:
22,000 points (could be worth £110) if your monthly premium is over £20.00;
16,000 points (could be worth £80) if your premium is £8.50 - £20.00 or
10,000 points (could be worth £50) if your premium is under £8.50.
3. We’ll add the points to your Nectar account after you’ve paid 5 months’ premiums, within the following 60 days.
4. You need to tell us your Nectar card number when you apply.
5. We'll award points on no more than 2 policies per household in any 12 month period.
6. Sainsbury's Supermarkets Ltd award the points from this offer. No cash alternative is available.
7. This offer is governed by English law and we reserve the right to change or cancel it without notice.

Legal & General Assurance Society Limited Registered in England and Wales No. 00166055. Registered office: One Coleman Street, London, EC2R 5AA. Legal & General Assurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority