Decreasing Life Insurance

With a Decreasing Life Insurance policy, the amount you're covered for decreases over the term of the policy. These policies are often used to cover a debt that reduces over time, such as a repayment mortgage.

Premiums are usually significantly cheaper than for level-term cover as the amount insured reduces as time goes on. Decreasing-term insurance policies can also be used for inheritance tax planning purposes.

To compare Decreasing Life Insurance products with many others, fill in the quote application above to gain a comprehensive view of their prices and policies.