Mortgage level life insurance
Mortgage level life insurance is designed to help pay off your mortgage if you die, or if you're diagnosed with a terminal illness, during the term of your policy. Premiums start from just £6 a month.
Use the Quick Quote calculator below to see how much you could be paying to protect your mortgage.
Product summary
- Mortgage level life Insurance is designed to help pay off your interest only mortgage should you die during the term of the policy.
- It is not designed to pay off a repayment (capital & interest) mortgage should you die during the term. You should consider Mortgage decreasing life insurance for repayment mortgages.
- You could pay as little as £6 per month depending on your circumstances and needs
- Payments are fixed throughout the term of the policy and can be paid monthly or annually
- It is up to you how much cover you want.
- You choose the length of the term - from 1 to 40 years although the plan must end before your 80th birthday
- You benefit from Terminal Illness Cover during the term of the policy - if you are eligible to claim, your policy will pay out the lump sum if you are diagnosed with a terminal illness, rather than when you die
- Your policy may not pay out if you stop paying premiums, in which case cover will end and you will not get any money back. There is no cash-in value to this policy.
- Terminal Illness doesn't apply in the last 18 months of the policy or on policies of less than 2 years.
- All applications are subject to underwriting and certain pre-existing medical conditions may be excluded from your cover
- You can add critical illness cover to your policy for an additional cost.
- You can get an immediate quote, and apply online, now
Before you apply you should read the Key Features Document PDF to help make sure the plan meets your needs
More Information
Yorkshire Building Society introduces its customers to Legal & General for the purposes of advising on and arranging life assurance and investment products bearing Legal & General's name.
Call us on 0845 1 200 100*
