Types of life insurance cover
Our life insurance cover protects you and your family. You can choose the life insurance protection level that best suits you.
Not sure about some of the words we use? Turn on our Glossary here.Glossary loading...
Decreasing cover
- This type of cover is specifically designed to cover the reducing amount you owe on a capital and interest repayment mortgage.
- The amount you are covered for goes down each year, but the premium you pay remains the same.
Level cover
- The amount you are covered for is fixed when you start paying the premiums and won't change.
- It won't keep up with inflation, and will buy less in the future.
If you stop paying your premiums, you may not be covered when you need it most. You can cancel your policy at any time, but if you do, you won't get anything back.
Next steps
If you'd like to know more about our life insurance cover, use our Frequently Asked Questions database where we provide more information about our life insurance policy and life cover in general.
Not sure about this product? Check out our financial advice.
Still unsure of what kind of life insurance cover you need? Take a look at our life cover comparison table.
