Decreasing Term Assurance will provide a guaranteed sum assured in the event of your death or you becoming eligible for terminal illness benefit during the term of the plan. The amount of life cover will reduce over the fixed term broadly in line with the amount you owe on your repayment mortgage. The cost of this cover is usually cheaper than level life cover.
Why not speak to one of our qualified advisers who can advise you on the most appropriate policy to suit you, your family and your circumstances.