Life insurance pays out a cash lump sum if you die within the term of the policy. Cover is usually on a level or decreasing basis. With level term the amount of cover remains the same throughout the policy. With decreasing term, the amount of cover reduces over the term of the policy.
Things to Think About
Terminal illness: Cover includes Terminal Illness Benefit. The plan will pay out if you are diagnosed with a terminal illness within the plan term and are not expected to live for more than 12 months. Once the insurer pays out after a terminal illness claim, your plan will then end.
Its important to know that there is no cash-in value. If you stop paying premiums or live to the end of your plan, your cover will end. In this case, you'll get nothing back.
In addition to your mortgage, we are UK Life Insurance Brokers, researching the whole of the Market to find you the cheapest life quotes with the best life insurance Companies. Use our Life Insurance calculator or give us a ring to either see how much money you can save on your cover, or how little you can protect your loved ones for.
Life Cover for:
- Terminal illness*
- Mortgage Protection
- Paid as a lump sum or as an income - you choose
If you are considering taking out extra life insurance cover or you feel that you are paying too much at the moment, give us a try. We could provide cover for your family and your mortgage.
Four Good Reasons to Choose Mortgage Compare Limited
Easy to apply with friendly and knowledgeable staff to help you get the cover you need.
Comprehensive protection for your most valuable assets.
After years helping people buy homes, Mortgage Compare Limited understands what you need to protect your home and its contents.
Benefits of Mortgage Compare Limited Life Insurance
- Premiums starting from £5 a month.
- It's simple - get a quick quote in 2 minutes.
- Peace of mind
- We provide quotations from the UK’s leading life insurers