Cross-linked polyethylene (XLPE) based high-voltage cable termination has extremely uneven distribution of electric intensity distribution, which limits its development. This study explored the influence of different insulating materials of XLPE based high-voltage cable termination on electric intensity. A simulation model of high-voltage cable termination was established using a multi-physics coupling simulation software. Ordinary silicone rubber and nanographite-silicone rubber composite were taken as the reinforced insulation of termination. The simulation results showed that the farther away from the root of the stress cone, the smaller the field strength. When ordinary silicone rubber was used as the reinforced insulation, the high electric field concentrated at the root of the stress cone, and the maximum electric field strength was 88.67 kV/mm. When nano-graphite-silicone rubber composite was used as reinforcing insulation, high electric field uniformly distributed in the XLPE insulation of cable terminal, the maximum electric field was 14.79 kV/mm, and the electric field strength at the root of stress cone was about one tenth of that of ordinary silicone rubber. It indicates that nano-graphite-silicone rubber composite can homogenize the electric field distribution and reduce the possibility of breakdown damage of termination and is a suitable reinforced insulation for high-voltage cable termination.