Just 4 Mortgages
Decreasing VS Level Life Insurance
Guide
What is the difference between Decreasing and Level Life Insurance?
Decreasing life insurance is commonly used to protect a repayment mortgage. It will decrease by a set rate to mimic your repayment mortgage.
Level life insurance means the sum insured will remain the same for the entire length of the policy. This could be used to protect an interest only mortgage or used as a lump sum for things like funeral costs.
We can provide you with life insurance quotes to suit your mortgage and needs so pop us an email with your details and we will give you a call to provide you with a free non-obligation quote
📩Admin@just4mortgages.co.uk
📱01623 622611
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. There will be a fee for mortgage advice. The precise amount will depend upon your circumstances but a typical fee will be £494