Life Assurance Direct Services

Mortgage Protection life insurance is specifically designed to cover the full amount of your mortgage loan. The policy ensures that upon your death the mortgage can immediately be paid in full and your dependants do not suffer the added burden of financial pressure. Depending upon the type of mortgage you have, your life cover will need to provide level or decreasing cover.

Most commonly used with interest only mortgages, a level policy offers the same amount of cover throughout the term of your mortgage. People with repayment mortgages usually use a decreasing policy as it provides cover that reduces as you make payments towards your mortgage loan.