Mortgage Decreasing Term Assurance.

Cup of tea

Premiums start from only £6 a month

Mortgage Decreasing Term Assurance is designed to help protect a repayment mortgage, so the amount of cover reduces roughly in line with the way a repayment mortgage decreases. 

Mortgage Decreasing Term Assurance at a glance:

  • Pays out a cash sum if you die during the length of the policy.
  • Includes SmoothMove and Free Life Cover both at no additional cost.

In 2014 we were voted Best Life Insurance Provider at the Personal Touch awards. 

Not sure which type of policy is right for you? Compare the different types side by side - Compare life insurance

Important things you need to know:

  • This is not a savings or investment product and has no cash value unless a valid claim is made.
  • You may want to check that the length of the policy is long enough to cover the duration of your mortgage term.
  • If you choose decreasing cover there are some circumstances when the cash sum we pay out might not be enough to pay off your mortgage in full. For example if you make changes to your mortgage or your mortgage interest rate averages over 10% during the length of your policy.
  • Please read our Key Features Document (PDF: 103KB) before you apply.

Get a quote online

Or call us on
0800 316 5591

8am to 8pm Weekdays
9am to 5pm Saturday

We may record and monitor calls.

Key Information for new customers

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Placing your life insurance policy in trust can also help protect against Inheritance Tax. Visit our Trust Hub for more information.

I need to make a claim

We aim to manage all of our claims with compassion and competence. To ensure we are able to do this our claims staff are trained by the Samaritans.

Other Insurance Products

We have a great range of insurance products to offer you, such as Home, Car and Pet Insurance.