Protection - Mortgage Protection

Also known as Decreasing Term Assurance, this cover is a Term Assurance policy with the level of cover decreasing each year until the end of the term. Both Life Cover and Specified Illness Cover can be structured in this format. The most common use is to clear borrowings in the event of death or a specified illness. The term is usually set in line with the term of the borrowing, and decreases in line with the borrowing being reduced until both reach zero. For instance, a client may use a Decreasing Term policy with initial level of cover of €200,000 decreasing over a 20 year term, to cover their mortgage of €200,000 which has a 20 year term.




We would like to say a huge thank you for helping us to purchase our first home. From the very start you were an absolute pleasure to deal with and made the process stress free for us. We will have no hesitation in recommending you to anyone..

Samantha Kelly & Stephen Sinnott
Mortgage Customers Jan 2019