Life Insurance

The easy way to get a great Life Insurance deal to cover your repayment mortgage.

• You decide how much life cover you want - the maximum amount available will depend your circumstances
• Premiums could be lower than you think - for as little as £10 a month
• We guarantee that your premium will stay the same for the duration of your plan
• It's easy to sort out - just get a quote and apply online. In most cases we'll give an instant decision

Get a quote

Retrieve a saved quote

What is Decreasing Life Insurance?

If you're in the process of moving house, or you're a first-time buyer, and need to arrange your mortgage life insurance, you'll want to make sure that you choose the right type of cover and that you get a great deal.

Our Decreasing Life Insurance makes it easy to sort out cover that's right for you, your repayment mortgage - and your pocket. It can also be used to cover other loans that decrease over time.

How does it work?

Our Decreasing Life Insurance plan provides cover for the outstanding balance of a repayment mortgage or other loan. Because the amount of the mortgage or loan reduces over time as you make your monthly repayments, the amount your life insurance plan pays out will similarly reduce.

Premiums are set at the start of the plan to take this into account, so they're often cheaper than other types of life insurance that pay out the same amount for the duration of the plan. Bear in mind that there is no cash-in value at any time.

Premiums are affordable and guaranteed

Covering your repayment mortgage or loan could cost less than you think, with premiums for as little as £10 a month. Premiums are set at the start of the plan to take into account the decreasing cover, so you only pay for the amount of cover you need. And we guarantee that your monthly premiums will stay the same for the duration of the plan.

Your choice of cover

You decide how much life cover you want - the maximum amount available will depend on your own personal circumstances. You also choose how long you want the cover to last. Many people choose to have their cover for a period that coincides with when they expect their mortgage or loan to be paid off.

Cover that includes extra benefits

With Norwich Union you get Terminal Illness Benefit included in the cover. This means we pay you the sum insured if you're diagnosed with a terminal illness and are not expected to live more than 12 months (assuming your plan has at least 18 months to run). If we pay out after a terminal illness claim, your plan will end.

Choose a name you can trust

Norwich Union is one of the UK's leading providers of life and pensions products and is part of the Aviva Group, which serves around 45 million customers worldwide.

It's easy to apply for life insurance online

You can get an instant quote and apply online. In most cases we'll get back to you straight away with an instant decision.

Or call us on 0800 068 5549*

Whether you'd like more information, a quote or a helping hand with your application, just give us a call. Any advice given will relate only to the products sold or marketed by Norwich Union.

* Lines are open Monday to Friday 8am - 9pm, Saturday 9am - 5pm and Sunday 10am - 4pm. Calls may be recorded and/or monitored.

WC05100 09/2008