protect yourself and your family
What is life cover?
It’s important to have the peace of mind of knowing that in the event of your death your mortgage payments are not passed on to your loved ones. Life cover includes several forms of mortgage protection, insurance and life assurance. Term life insurance is a policy type that covers the holder for a certain period, with insurance only payable if you die during that term. Decreasing life assurance, however, lasts until you have paid off your mortgage, or until you die. The closer you get to paying off your mortgage, the more the amount payable decreases (because there is less to pay out to fully complete the mortgage payments).
Life cover rates…
Life cover rates vary from lender to lender – but we guarantee to find the best deals. You may also want to find out more about other ways to protect your mortgage in the event of illness, redundancy or death:
Mortgage life assurance
Mortgage payment protection
Accident, sickness, unemployment cover
Buildings and contents insurance
Income protection
Find the lowest life cover rates from First Mortgage
Call us on 0845 603 1525 for a free consultation with one of our friendly and experienced team. We are happy to discuss your situation and help you find the best life cover rate.
Get quotes prepared fast and easy from our award winning brokers starting, with our smart online form. Quote request
Unsure where to start? Call our advice team now for free, impartial, experienced advice. Call us
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