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You asked: Do I have to take out Decreasing Life Insurance to cover a mortgage?
You don’t necessarily have to take out Decreasing Life Insurance to cover a mortgage as there are different types of products to suit a range of protection needs like your home, family or both.
We recommend you take a look at the protection needs section to understand the products better that might suit you. If you are still unsure then talk to a financial adviser about your reasons for taking out a protection plan.
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