To get quotes for mortgage life insurance, complete a single online form and let our quoting engine scan the market to find the best premium quotes available.
We send a summary of these quotes to you via email to make it easier for you to find the best policy.
The Best Advice Regarding Life Insurance
The Internet makes it simple to compare quotes for mortgage life insurance.
However, it does not help you understand the differences between plans offered by different providers. Our independent advisors will help you identify the best policy at the lowest price.
Our experts learn about your needs and financial restrictions and use this information to identify the most suitable provider.
They also consider other factors including health, occupation, and lifestyle, which can affect plan premiums.
Details about Decreasing Mortgage Life Insurance Cover
Mortgage life insurance is term insurance that repays your mortgage if you die during the policy term. You can establish the annual interest rate at which the assured sum decreases, typically ranging from 8 to 12 percent.
If you remain current with monthly payments, the decreasing term assurance provider may guarantee repayment of the mortgage balance.
Details about Level Mortgage Life Insurance Cover
Level mortgage life insurance is designed for an interest only mortgage, whose balance does not decrease during the policy term. The assured sum stays level for the policy term and if you die during this term, a lump sum is issued for mortgage repayment.
Mortgage Decreasing Life Insurance with Critical Illness Cover
Most providers of mortgage life insurance permit the addition of critical illness cover to a policy. This applies if you develop a qualifying critical illness, paying out the assured sum to repay the mortgage balance. Since this cover is part of a decreasing term insurance policy, the mortgage guarantee applies and you may set the annual interest rate of reduction for the assured sum.
In its key facts document, an insurance company specifies the critical illnesses that qualify for a lump sum payout. Illnesses and their definitions may vary from one insurance company to the next but typically include:
• heart attack
• coronary bypass
• kidney failure
• some types of cancer
Providers of Decreasing Life Insurance
These companies provide decreasing mortgage life insurance quotes through the Genesage Life Insurance online quoting system:
|AEGON Scottish Equitable||Mortgage Protection|
|AEGON Scottish Equitable||Simply Decreasing Life Insurance|
|Ageas||Decreasing Life Protection|
|Aviva||Mortgage Life Insurance (Electronic)|
|Aviva||Simplified Mortgage Life Cover (Electronic)|
|AXA now part of Friends Life||Decreasing Life Protection|
|Bright Grey||Mortgage Protection from Bright Grey|
|Bupa now part of Friends Life||Critical Illness & Term (Mortgage Protection)|
|Bupa now part of Friends Life||CIC Term with Life (Mortgage Protection)|
|Bupa now part of Friends Life||Life Mortgage Protection Plan|
|Friends Life||eSelect Mortgage Cover|
|Legal & General||Decreasing (Term + CIC) - Electronic|
|Legal & General||Mortgage Decreasing CIC - Electronic|
|LV=||FPP Online (with free Healthy Steps)|
|PruProtect||PruProtect Essentials Plan|
|Royal Liver||Mortgage Life Protection|
|Scottish Provident||Self Assurance Mortgage Life Cover|
|Zurich||Decreasing Mortgage Cover (Gtd) - Electronic|
|Zurich||Decreasing Mortgage Cover (Rev) - Electronic|