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Life Insurance

An Insurance policy is pretty much vital when taking out a mortgage, especially a Life Insurance policy. A life insurance policy could pay off your mortgage if you die during the term of the policy. There are two types of policies to consider:

A "Level term life insurance" which would pay out an amount chosen by you, if you die during the term of the policy.

Alternatively a "Decreasing term life insurance" which costs less than a level term policy because the payout reduces over time. You could set up this type of policy to reduce its payout at the same rate as your mortgage balance each month.

At Monopoly Mortgages we make sure you as a customer receive the best possible service in a smooth memorable process for you.

Contact us now so we can assist you through this new journey. 

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