Decreasing Term insurance / Mortgage Protection

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level term asurance

In the above example, the borrower took out a repayment ( capital and interest) mortgage for £75000, over 25 years.
The life assurance is designed to reduce in line with the reducing capital debt, in other words, as the mortgage goes down, so does the amount of life assurance cover. It is the cheapest form of life assurance you can buy.

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