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:

  • It could pay out a cash sum if you die during the length of the policy.
  • Includes Free Life Cover at no additional cost.

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 have Mortgage Decreasing Term Assurance you must also check that the interest rate applied to your mortgage does not become higher than the interest rate applied to your policy.
  • Please read our  Key Features Document (PDF: 143KB)   and Policy Terms and Conditions (PDF: 290KB)  before you apply.