Tesco : Decreasing Cover Life Insurance

Product profile

Description

• A simple protection policy, paying a fixed lump sum if you die during the policy term that decreases every year in line with your mortgage

• It pays a cash sum to help look after your family's future and repayment  mortgage upon your death

Age

18 plus

Maximum amount payable

£500,000

Benefits

• You choose the amount

• Decreasing benefit basis

• Life cover

• Terminal illness

• Fixed monthly premiums

• Mortgage increase and extension option

Option

Waiver of premium benefit