Compare life insurance policies

There are a couple of options to think about when you choose a life insurance policy. We'll explain how some of them work.

Level cover

Cover and payments stay the same

Infographic visualising level cover

How does level cover work? 

Level cover means that the cash pay-out stays the same until your policy ends. You'll pay the same amount each month. 

What’s the benefit of level cover? 

With level cover, the amount that gets paid out if a claim is made won't change. So you and your loved ones will always know how much cover you'll have in case the unexpected happens.

Get a quote

Decreasing cover

Cover reduces but payments stay the same

Infographic visualising decreasing cover

How does decreasing cover work? 

Decreasing cover means that the amount your policy pays out goes down each month until it ends. You'll pay the same amount each month. 

What’s the benefit of decreasing cover? 

Decreasing cover is usually a cheaper kind of cover. It's often used to cover a repayment mortgage. As you pay off your mortgage, the amount of cover you'd need to pay it off will go down. So if you mainly need cover for your mortgage, you could get the support you need and pay less each month than level cover. 

Learn about mortgage protection


Do I need life insurance to get a mortgage?

You don’t need this cover to get a mortgage, but many lenders recommend you do. It could help pay off your mortgage if something happens to you. Watch this short video to find out more.
Video regarding the need for life insurance or critical illness cover to get a mortgage.