Decreasing Mortgage Cover

	Decreasing Mortgage Protection: This form of life cover can incorporate several elements; life cover, critical illness and ASU.

	Life Cover: For those who require a straight forward policy to insure there family are not left with financial burdens in the event of there death.

	Critical Illness: In the event of you suffering one of the listed conditions a lump sum would be payable to help you through those difficult times.





	Calculators:
	Mortgage Calculator
	Stamp Duty Calculator
	How Much Calculator

Decreasing Mortgage Cover

Its aims

The plan is designed to protect your mortgage. It provides either or both of:

A cash sum called life cover if you die during the term of the plan

A cash sum called lifestyle benefit if you suffer one of a range of specified critical illnesses or have one of a range of specified operations during the term of the plan.

The term is the number of years the plan will run. The amount paid out gets smaller every month and could be used to pay off a repayment mortgage.

Your home may be repossessed if you do not keep up repayments on your mortgage.
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