Having a life insurance or mortgage protection policy gives you peace of mind that your loved one’s will be looked after financially when you pass away.
Here at Quote Easy we offer mortgage protection also referred to as decreasing-term insurance, it is a life insurance policy that decreases in cover over time, they’re usually taken out for repayment mortgages or debts which decrease over time as they’re paid off.
Clearing a mortgage is normally important for people after death, having decreasing-term insurance in place is beneficial for your loved ones, so when you die your family have the mortgage covered. You don’t want to leave the burden of meeting the mortgage repayments for your loved ones.
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