Can my mortgage be covered with life insurance?

If you have an interest-only mortgage, your outstanding mortgage loan stays the same until you repay it at the end of the mortgage term. Level life insurance could cover this type of mortgage. But if you have a capital and interest repayment mortgage, Decreasing life insurance may be more appropriate. The amount of cover reduces broadly in line with the decrease in your outstanding mortgage loan. Find out more about life insurance options.

It's worth knowing, your policy isn't directly linked to your mortgage and we won't automatically end your cover if you pay off your mortgage early. Your policy will run until the selected end date, unless you tell us you wish to cancel.