Term Life Insurance

Protect your Mortgage

Mortgage Life Insurance is targeted to repay your mortgage in the event of your premature death, allowing your partner or family to remain safely at home during such a difficult time, giving them one less thing to worry about.  

Primarily, there are two main types of Mortgage Life Insurance, they are:  

Level Term Assurance

You select the amount of term insurance protection you require, generally the outstanding amount of your mortgage, and the period of time over which you need protection (mortgage term). The amount of cover selected (sum assured) remains the same throughout the term of the policy.  

Decreasing Term Assurance

Designed to help protect repayment mortgages; the amount of term insurance protection (sum assured) decreases approximately in line with your mortgage. You select the amount of term protection you require, generally the amount outstanding on your mortgage, and the period of time the cover is to run.  

There may be circumstances when the amount of protection you actually receive, in the event of a claim, might not be sufficient to repay your outstanding mortgage amount in full.... check with your independent adviser


Popular Options

Critical Illness Protection: pays out your selected sum assured, if you are diagnosed with one of your recommended company’s specific illnesses, and are eligible to claim.

Premium Protection: provides an additional benefit that means you don't have to pay any premiums if you suffer incapacity, caused by illness or injury, that stops you working for a given period of time.

Don't settle for second best...  0845 1280152

Other Options

  • Insurance Trusts
    Whether you are looking to buy mortgage or family term life insurance protection, it is important that the right money ends up with the right people at the right time....
  • Terminal Illness Protection
    Many standard plans carry the added benefit of terminal illness protection, others charge. Clearly the addition of Terminal Illness Protection can have advantages, but are all plans the same ?
  • Insurability Options
    The ability to buy additional protection under certain circumstances without having to provide additional medical evidence. This option can be valuable given the right circumstances....
  • Guaranteed or Reviewable Premiums
    Pretty obvious really: Guaranteed Premiums are fixed. However, sometimes reviewable premiums can be a good option - your options should be discussed....