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The differences between mortgage life insurance and term life insurance

Mortgage life insurance

A mortgage life insurance policy means that your mortgage could be paid off if you were to die during the period of cover. Your family then wouldn't have to worry about continuing to pay the mortgage.

You can set it up as joint policy with your partner. Find out more about Mortgage Life Insurance.

Term life insurance

Term life insurance is one of the simplest and cheapest types of life insurance that you can buy and is designed to pay out a lump sum if you die during the term of the plan.

It is particularly important if you're getting married or planning a family. Find out more about Term Life Insurance.

A mortgage life insurance policy means that your mortgage could be paid off if you were to die during the period of cover. Term life insurance is designed to pay out a lump sum if you die during the term of the plan.

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Please get in touch using one of the numbers below
  • New quotes: 0800 587 2653 Monday to Friday, 8am to 9pm.
  • Policies bought after 2003: 01243 819 201 Monday to Friday 8.30am to 5pm.
  • Policies bought before 2003: 0800 939 394 Monday to Friday 9am to 5pm.
  • Health Insurance policies bought through RSA: 0800 028 1337, Monday to Friday, 8am to 7pm and Saturday, 9am to 1pm.

 

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MORE TH>N is a trading name of Royal & Sun Alliance Insurance plc, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register No. 202323).

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