Mortgage Life Insurance Protect your family and your home

Ensure your mortgage is paid off if the worst happens. Decreasing term policies are designed to match your mortgage balance.

Quick & Easy

No Obligation

Expert Brokers

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Quick & Easy

No Obligation

Expert Brokers

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Me and my partner

Types of Mortgage Protection

Choose the right cover to protect your home and keep your family secure.

Decreasing Term

The most popular choice for mortgages. Cover reduces in line with your mortgage balance, making it more affordable than level term.

Level Term

Pays a fixed amount whenever you claim. Choose this if you want extra funds beyond just paying off the mortgage.

Joint Cover

A single policy covering both partners. Pays out on the first death, ensuring the surviving partner can stay in the home.

Top 5

UK Insurers

2 min

Quick Form

£0

Quote Cost

Obligation

Get a free quote and see how you could protect yours

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How It Works

Getting insurance quotes is simple. Here's how the process works.

Complete the Form

Answer a few simple questions about yourself and the level of cover you're looking for. It only takes a couple of minutes.

Receive a Callback

A specialist broker will call you back to discuss your requirements and answer any questions you may have.

Compare Your Options

The broker will present quotes from leading insurers so you can compare options and choose the cover that's right for you. There's no obligation to proceed.

Decreasing vs Level Term for Mortgages

The right choice depends on your mortgage type.

Feature	Decreasing Term	Level Term
Payout over time	Reduces with your mortgage	Stays the same
Suited for	Repayment mortgages	Interest-only mortgages
Monthly premium	Lower	Higher
Payout at end of term	Approaches zero	Full original amount
Extra protection	Matches debt only	Can cover living costs too

A broker will call to discuss which type matches your mortgage.

Frequently Asked Questions

Common questions about mortgage life insurance.

It's not a legal requirement in the UK. However, most lenders strongly recommend it. Without cover, if you die before the mortgage is repaid, your family may be unable to keep up repayments. In Q2 2024, there were over 55 mortgage possession claims made every day in England and Wales.

Mortgage life insurance pays a lump sum if you die, allowing your family to clear the mortgage. Mortgage Payment Protection Insurance (MPPI) is a different product that pays monthly if you cannot work due to illness, injury, or redundancy. They are not the same.

It depends on your age, health, smoking status, cover amount, and policy term. Decreasing term cover is typically the most affordable option. A broker will call to provide quotes tailored to your circumstances.

Policies sold through lenders are often more expensive than buying through a broker. Shopping around can save you a significant amount over the life of your policy. A broker will call to compare quotes from leading insurers.

Your existing policy can usually stay in place. However, if your mortgage balance or term has changed, you may need to adjust your cover. A broker will call to review your options.

Writing in trust means the payout goes directly to your named beneficiaries rather than forming part of your estate. This can avoid inheritance tax and speed up the payout process. A broker will call to explain how this works.

Your family would need to continue making repayments from their own income or savings. If they cannot afford this, the lender could repossess the home. Life insurance prevents this.

Yes. Different insurers have different underwriting criteria. A broker will call to compare options from leading insurers who may accept your circumstances.