protect yourself and your family
What is mortgage (decreasing) life assurance?
It’s always worth being prepared for what the future holds, and that can include looking after your loved ones in the event of your death. This type of deal guarantees that any outstanding payments are paid off in full should you die before the end of the mortgage term. Sometimes, this is known as decreasing life assurance, because as you continue to pay off your mortgage, the amount needed to pay it off fully is reduced.
Mortgage life assurance rates
Mortgage life assurance rates vary from lender to lender, but there are some very good offers on the market. Although some companies will offer it along with their initial deal, it is usually better value to shop around for individual policies and take out separate coverage. First Mortgage can help you find the best value deals. It’s usually best to find a policy with fixed premiums, meaning that your monthly payments won’t change.
What other types of mortgage protection can I find?
You may be suited to another type of mortgage protection.
Term life insurance
Payment protection
Accident, sickness, unemployment cover
Buildings and contents insurance
Income protection
For more information, or to arrange an immediate quote, call 0845 603 1525. Our team of experienced consultants are waiting to take your call.
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
Guaranteed!
With a whole of market choice that simply won't be beaten, find better and we happily match this while refunding TWICE the first years payments difference - guaranteed!
One shop - every lender - FREE whole of market advice!
Find out more
First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and protection plans, are actively encouraging clients in Scotland (...)
Find out more
Fill in the form and our expert advisors will call back at a time to suit you :