An insurance policy which guarantees mortgage payments in certain circumstances such as unemployment
A life insurance policy that pays off your mortgage if you were to die during the mortgage term.
An insurance policy designed to pay off what's left of your loan if you die before it is fully paid off.
Insurance policies that can be taken out against a mortgage which will ensure that, in the event of your death, the full outstanding amount of the loan will be paid off
A life insurance policy designed to repay the loan in the event of the death of the borrower(s) during the mortgage term. Normally describes a pure life insurance policy with a decreasing sum assured and designed to protect a repayment type mortgage. (As distinct from an endowment policy which is designed to both protect an interest-only mortgage throughout its term AND repay it at the end of the term).
A policy designed to give decreasing life insurance cover at a reasonable cost to a client who has a repayment mortgage.