Mortgage Protection

Mortgage Term Assurance is designed to help pay off the remaining mortgage debt if you die within a set "term". It can help to ensure your dependants needn't worry about repaying the mortgage if you die during the policy term.  This type of plan can take two forms:

  • Decreasing Term Assurance - For this type of plan, the amount of cover reduces over the policy term, approximately in line with a repayment mortgage and therefore the potential payout, decreases over the term. It is important to choose the appropriate term and amount.
  • Level Term Assurance - the benefit payable under this type of plan is fixed throughout the term, unless you alter your plan. It is designed to pay a lump sum for a valid claim during the policy term. For example if you have cover for £200,000 over a period of 21 years, if you die within that time and you have kept all your premiums up to date, your life assurance could pay out £200,000.
  • This is not a savings or investment product and has no cash value unless a valid claim is made.

Please contact us should you require any further advice or information in this respect.



Hays Financial Centre Ltd is an appointed representative of Quilter Financial Services  Limited and Quilter Mortgage Planning Limited, which are authorised and regulated by the Financial Conduct Authority. Quilter Financial Services Limited and Quilter Mortgage Planning Limited are entered on the FCA register ( under reference 440703 and 440718.


Hays Financial Centre Ltd. Registered office: 325 Baring Road, London SE12 0DZ

Hays Financial Centre Ltd is registered in England and Wales 6810896


The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.




Contact Us:

325 Baring Road 


SE12 0DZ

020 88572059


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By clicking on one of these links you are departing from the regulatory site of Hays Financial Centre Limited. Neither Hays Financial Centre nor Quilter Financial Planning Ltd is responsible for the accuracy of the information contained within the linked site.

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