| Mortgage
Decreasing Life Insurance is used to cover a repayment
mortgage where the amount you owe reduces as you
repay it.
The premiums wont
change during the lifetime of the policy but the
amount that will be paid when you die will reduce
starting from the amount of cover you specify,
and ending at zero by the end of the term.
When a Decreasing
Term Assurance policy expires, it has no value.
This means that if you do not die within the term,
you will not receive any money back.
If you are unsure
which type of insurance is right for you, please
contact us for advice.
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