If you're unsure of the type of life insurance you need, you can compare our life insurance policies in the table below and decide which one best suits your needs, but you should read all the information available before you buy.   

 Life insuranceMortgage life insurance
What is it?  Designed to pay out a cash sum that can be used by your family to cover everyday living expenses, childcare costs, or help to pay the mortgage.

Designed to pay out a cash sum to help pay off your mortgage if you die during the length of the policy. Meaning your loved ones could continue to live in the family home without worrying about

Choose from Mortgage Term Assurance or Mortgage Decreasing Term Assurance

When will the policy pay out? If you die during the length of the policy   If you die during the length of the policy 
Will the cover amount stay the same? 

Yes, unless you make any changes to your policy

Yes, if you choose Mortgage Term Assurance, unless you alter your policy

No, if you choose Mortgage Decreasing Term Assurance. The amount of cover reduces roughly in line with the way a repayment mortgage decreases

Will the premiums stay the same?

Yes, unless you make any changes to your policy

Yes, unless you make any changes to your policy

Is the policy designed to cover my mortgage ?

Yes, Interest only mortgage

 Yes, Interest only mortgage with if Mortgage Term Assurance is chosen or a Repayment mortgage if Mortgage Decreasing Term Assurance is chosen.

What is the minimum age for applying?  At least 18 years old at the time of applying  At least 18 years old at the time of applying
What is the maximum age for applying?

77 - the policy must end by age 90.

67 - If you add Critical illness cover when taking out life insurance policy. In this case, the policy must end by age 70.

Mortgage Term Assurance - 77 - the policy must end by age 90.

67 - If you add Critical illness cover when taking out life insurance policy. In this case, the policy must end by age 70.

Mortgage Decreasing Term Assurance - 74 - the policy must end by age 90.

64 - If you add Critical illness cover when taking out life insurance policy. In this case, the policy must end by age 70.

Does the policy have a cash value? The policy has no cash value unless a valid claim has been made. The policy has no cash value unless a valid claim has been made.
Does the plan include any additional benefits?

Yes, learn more about the additional benefits that are included

Yes, learn more about the additional benefits that are included

Can we apply for joint cover? Yes Yes