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Decreasing Term Insurance

Decreasing term Insurance is also known as Mortgage Decreasing Term Insurance. This type of insurance is typically used to protect a mortgage debt.

The policy is designed to fully pay off your Capital and Repayment mortgage in the event that you should die within the term of the policy/mortgage.

The amount of cover decreases, along with your mortgage debt and therefore the potential payout decreases. The monthly premium is usually a fixed amount during the term of the policy.

It costs nothing to give us a try, complete our enquiry form or call 0800 824 7475 to speak to one of our advisers.