Decreasing Life Insurance

The easy way to get a great life insurance deal to help cover your repayment mortgage or loan over a fixed term, as the lump sum payable in the event of a claim reduces broadly in line with the balance outstanding.

  • It’s simple — get a quote under 2 minutes
  • Monthly premiums are guaranteed never to rise
  • Premiums start from £5 a month, depending on your personal circumstances
  • Joint cover available for you and your partner
  • Easy to arrange — no complicated forms to fill in
  • Please bear in mind that there is no cash-in value at any time.
  • Aviva’s Life Insurance has been awarded a 5 Star Rating by Defaqto in the Direct category

Premiums are affordable and guaranteed

Helping cover your repayment mortgage or loan could cost less than you think. Premiums start from £5 a month and are set at the start of the plan to take into account the decreasing cover. The actual cost of the plan depends on your personal circumstances, so you only pay for the cover that you need and premiums are guaranteed to stay the same for the duration of the plan.

Your choice of cover

You decide how much life cover you want — the maximum amount available will depend on your own personal circumstances. You also choose how long you want the cover to last. Many people choose to have their cover for a period that coincides with when they expect their mortgage or loan to be paid off.

Cover that includes an extra benefit

With Aviva you get Terminal Illness Benefit included in your cover, please note that is not the same as Critical Illness Cover, which pays out a lump sum if you are diagnosed with a specified Critical Illness.

Terminal Illness Benefit means we pay the sum insured if you are diagnosed with a terminal illness within the plan term and are not expected to live more than 12 months. If we pay out after a terminal illness claim, your plan will end.

Critical illness cover is not available with Decreasing Life Insurance; however you can choose to take out an alternative plan offered by Aviva, which combines life cover with critical illness cover.

Find out more about critical illness cover

Choose a name you can trust

Aviva is one of the UK’s leading providers of life and pensions products, which serves around 34 million customers worldwide.

It’s easy to apply for life insurance online

Get a quote

Or call us on 0800 068 5549

Whether you'd like information or a quote, just give us a call.

Lines are open Monday to Friday 8am – 9pm, Saturday 9am – 5pm and Sunday 10am – 4pm Calls are free from a BT landline. Costs may vary from mobiles and other networks. Calls may be recorded and monitored for our joint protection.

Customer reviews

Overall rating

This product has been awarded an overall rating of 4.6 / 5 from 102 customer reviews

Rating breakdown

102 reviews

  • 5 stars awarded by 68 reviewers
  • 4 stars awarded by 30 reviewers
  • 3 stars awarded by 2 reviewers
  • 1 stars awarded by 2 reviewers

These reviews have been provided by customers who've bought a life insurance policy from us.

About ratings and reviews

We recognise that consumers are increasingly seeking feedback and reassurance from other customers when purchasing products and services online. This is why we invite our life insurance customers to leave a review after buying a policy from us. In addition to aiming to help you make better decisions about your insurance, we use these reviews to improve our products and services.

Customer reviews consist of an overall rating out of 5 and provide feedback on the experience of buying a policy from us. Customers also have the option to provide a rating out of 5 on value for money, ease of purchase, policy features and benefits and customer experience

We hope these reviews will help in your search for life insurance.

Our 3 most recent reviews

Read all 102 reviews

Rutski gave this product an overall rating of 5 / 5

So easy!

Very quick and easy to sort it on the internet.i also rang to check something and the lady who I spoke to was very helpful.all in all very good service.

I would recommend Aviva to a friend

By:
Gender:
Male
Age:
25 to 34
Policy features and benefits
5 / 5
Value for money
5 / 5
Customer experience
5 / 5
Ease of purchase
5 / 5

smudge gave this product an overall rating of 5 / 5

Easy process

Easy to understand policy, good help desk. Very straight forward process, friendly staff.

I would recommend Aviva to a friend

By:
Gender:
Female
Age:
55 to 64
Policy features and benefits
5 / 5
Value for money
4 / 5
Customer experience
5 / 5
Ease of purchase
5 / 5

HappyCustomer gave this product an overall rating of 4 / 5

Great Service i hope the keep up the good work

I like that all was so easy to arrange . I retreat that i find;t change earlier to them . Keep up the good work .

I would recommend Aviva to a friend

By:
Gender:
Male
Age:
35 to 44
Policy features and benefits
4 / 5
Value for money
4 / 5
Customer experience
4 / 5
Ease of purchase
5 / 5

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