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Death is inevitable, life cover is a great way to ensure your family's future.
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The most straight forward type of life insurance would pay out the selected amount of money if the person insured dies. Cover is often taken out to provide a lump sum for your loved ones or to pay off an outstanding mortgage in the event of your death.
Decreasing term life insurance is a type of life insurance policy that's paid over a fixed period of time. The level of pay-out decreases over the length of the policy although the premium stays fixed over the same period. It's often used to cover the balance of a repayment mortgage, because this is a type of loan that also decreases over time.
Decreasing life insurance is cheaper than life cover that remains at a fixed cover level during the term of the policy.
It really depends on your personal circumstances, an average single person with no dependants probably doesn't need life insurance but may need income protection insurance instead.
The main earner in a family with children almost always does need life cover. You have to consider how the family would survive financially without your income.