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
  • Apply online and get a £50 Amazon.co.uk Gift Certificate*, once we've received your 4th monthly payment. Offer details.

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

Watch our short video to find out what you need to consider before you call

Video transcript

For lots of us, life insurance is an important way of helping protect the things we love and value. So before you give us a call to discuss it, just ask yourself 3 simple questions.

Question 1 – What do I need to protect?

You may have a partner, or children, a mortgage, or other outstanding loans, or a combination of all of these.

Question 2 – How much cover do I need?

If you have a mortgage how much is outstanding? And if you weren’t there to provide for your family, how much would they need to maintain their lifestyle? Take into account your income and outgoings, such as your mortgage and utility bills, childcare costs and perhaps the odd holiday. You’ll be surprised how it all adds up.

And finally question 3 – How long do I need life cover for?

Think about how long is left on your mortgage, how long your children will be financially dependent on you, and how old your partner will be when they are likely to retire.

That’s it, all pretty simple stuff

What do I need to protect?

How much life cover do I need?

And how long do I need it for?

And now you’re ready to get a quote, which is easy too.

Just call our team on 0800 0925367

0800 068 5549

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

Telephone applications

Whether you'd like information, a quote or a helping hand with your application, just give us a call. Please note if you apply over the phone you will receive £15 M&S vouchers after your 3rd payment. The £50 Amazon.co.uk Gift Certificate* offer applies to online applications only. Offer details.

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 111 customer reviews

Rating breakdown

111 reviews

  • 5 stars awarded by 73 reviewers
  • 4 stars awarded by 34 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 111 reviews

MrSmith gave this product an overall rating of 5 / 5

Great wensite

Fast efficient service the website was clear and understandable. Great service.

I would recommend Aviva to a friend

By:
Gender:
Male
Age:
45 to 54

Oldone gave this product an overall rating of 5 / 5

Excellent Customer Service

Really helpful customer service people during the first phone conversation and for every subsequent phone call that I made. Every effort made to meet my needs and acknowledge any concerns I had. Regular contact during the process to keep me updated. The process went through smoothly despite health issues which I developed during the process. Many thanks to all those I dealt with. I find these days that customer service in manycompanies is not as good as it could be, but the team I dealt with were excellent.

I would recommend Aviva to a friend

By:
Gender:
Female
Age:
45 to 54
Policy features and benefits
4 / 5
Value for money
5 / 5
Customer experience
5 / 5
Ease of purchase
5 / 5

abigail93 gave this product an overall rating of 4 / 5

fast, efficient and effective

as soon as i made the decision to get a life insurance cover after deliberating on who to go with i picked aviva for it's swiftness in processing an application.

I would recommend Aviva to a friend

By:
Gender:
Female
Age:
18 to 24
Policy features and benefits
4 / 5
Value for money
4 / 5
Customer experience
4 / 5
Ease of purchase
4 / 5

Terms and conditions

*Amazon.co.uk is not a sponsor of this promotion. Amazon.co.uk Gift Certificates ("GCs") may be redeemed on the Amazon.co.uk website towards the purchase of eligible products listed in our online catalogue and sold by Amazon.co.uk or any other seller selling through Amazon.co.uk. GCs cannot be reloaded, resold, transferred for value, redeemed for cash or applied to any other account. Amazon.co.uk is not responsible if a GC is lost, stolen, destroyed or used without permission. See www.amazon.co.uk/gc-legal for complete terms and conditions. GCs are issued by Amazon EU S.à r.l. All Amazon ®, ™ & © are IP of Amazon.com, Inc. or its affiliates.

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