Frequently Asked Questions

Ask us a question

You asked: Can my mortgage be covered with life insurance?

If you have an interest-only mortgage, your outstanding mortgage loan stays the same until you repay it at the end of the mortgage term. Level Life Insurance could cover this type of mortgage.

But if you have a repayment mortgage, Decreasing Life Insurance may be more appropriate. The amount of cover reduces broadly in line with the decrease in your outstanding mortgage loan.

Did this answer your question?

Answers others found useful

Back to top