These life assurance policies are designed to repay the loan under a repayment or interest only mortgage if you (or your partner if covered) die during the term of the policy. The policies will usually pay out early on diagnosis of a terminal illness - see Questions and Answers 'when WILL the plans pay out?'.

The level term assurance policy can provide life cover for any purpose - not only to protect an interest only mortgage.

For full details please see the documents on the right.