Decreasing term life insurance is a great way to protect a joint mortgage investment and to ensure the financial security of those who are left behind if you die.
This type of life insurance cover is often also known as mortgage protection and will see a lump sum paid out in the event of your death. The size of this payout will decrease over time in line with how much is still owed on your mortgage.
It's often the cheapest type of life insurance cover available and will ensure that your partner, or whoever you share your mortgage with, will not have to sell up or face repossession.
To find out more about decreasing term life insurance, take a look at the links below: