Mortgage Level Term Assurance
Mortgage Level Term Assurance, brought to you by Nationwide and provided by Legal & General, could provide your loved ones with a cash lump sum to help pay off your mortgage if you die within the term of the plan.
- the amount of life cover remains the same throughout the term of the plan
- it is designed to cover an interest only mortgage where the mortgage debt remains at the same level throughout the term
The graph below illustrates how the level of cover differs over time depending on whether you take level or decreasing cover:
It can be a great way to help protect your loved ones' financial future, with cover starting from just £6 per month (actual premiums will depend on your individual circumstances). Once your cover starts your premiums are guaranteed never to go up (unless you increase the amount of your cover).
And if you apply today you'll receive a 5% online discount.
If you need advice, contact your local branch for an appointment with your Senior Financial Consultant
Income Protection
Critical Illness Cover
Home Insurance
Mortgage Payment Protection Insurance