Product profile
Description
- Pays a tax-free cash lump sum if death or terminal illness occurs within the policy term.
- Cover reduces each year roughly in line with the outstanding balance on a standard repayment mortgage.
For
Aged 18 to 64 with a repayment mortgage
Maximum amount payable
£2 million
Period of cover
-
Minimum five years
-
Cover ends at age 70
Benefits
-
You choose the amount
-
Decreasing benefit basis
-
Life cover
-
Terminal illness
-
Reviewable premium
