Level or decreasing, explained simply
Decreasing term cover reduces roughly in line with a repayment mortgage and is the most affordable way to protect it. Level term cover stays the same throughout, leaving a fixed lump sum for your family.
We explain both in plain English and recommend the structure, amount and term that genuinely fit your mortgage and your family.
- ✓Decreasing cover matched to your mortgage balance
- ✓Level cover for family protection beyond the mortgage
- ✓Single or joint policies compared honestly
Set up properly, not just sold
A policy is only as good as its setup. We place cover in trust where appropriate, so the payout reaches the right hands quickly and usually outside inheritance tax.
And as your life changes, new home, new baby, bigger mortgage, we review the cover so it keeps up.
- ✓Written in trust at no extra cost where suitable
- ✓Guaranteed premiums that never creep up mid-term
- ✓Reviewed free of charge whenever life changes
Documents you’ll need
Having these ready speeds everything up. Don’t worry if something is missing, your adviser will help you gather what’s needed.
- ✓Photo ID (passport or driving licence)
- ✓Proof of address (last 3 months)
- ✓Last 3 months’ payslips or 2 years’ accounts
- ✓Last 3 months’ bank statements
- ✓Proof of deposit or equity
- ✓Details of loans, cards and commitments
Common questions
A common starting point is enough to clear the mortgage plus a buffer for your family's living costs. We calculate it properly from your actual numbers rather than a rule of thumb.
Decreasing cover falls over time, tracking a repayment mortgage, and costs less. Level cover stays fixed. The right answer depends on what you are protecting, and we will show you both prices.
A joint policy is cheaper but pays out once. Two single policies cost a little more and can pay out twice. We compare both for your circumstances.
Usually not. Most applications are accepted on the questionnaire alone. Insurers occasionally request a GP report or screening for larger sums or specific conditions, and we manage that for you.
It ring-fences the payout so it goes directly to your chosen beneficiaries quickly, normally outside your estate for inheritance tax. We arrange it at no extra cost where appropriate.
Not with guaranteed premiums, which we recommend in most cases. Reviewable premiums start cheaper but can rise, and we will always tell you which you are looking at.
Give your family real certainty
Get a personalised life cover quote in one short, friendly call.