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Decreasing term life insurance

Compare life insurance with Confused.com


  • Covers your mortgage upon death during the policy term
  • Compare quotes from top UK brands
  • The amount that would be paid out roughly decreases in line with your mortgage
  • If you're more comfortable talking to someone in person about it, call our UK based call centre on 0800 422 0060


A selection of our trusted life insurance companies

See all our life insurance providers

What is decreasing term life insurance?

A decreasing term life insurance policy is designed to compliment a mortgage.  Typically you'd buy them both at the same time, and over the years as the remainder of your mortgage decreases, so would the pay out on your life insurance policy. 

It can be a more affordable option, compared to a normal life insurance policy (which pays out a fixed sum if the policy holder passes away during the policy term). 

Some quick facts about decreasing life insurance policies:

  • The length (or term) of the policy should be the same length as your mortgage or loan
  • The amount the policy will pay out decreases in line with how much is left on your mortgage/loan

What could be covered?

  • It's likely that it'll cover what remains on your mortgage or loan in the event of a claim
  • If you don't think that will be enough cover, feel free to have a read of our guide that talks about the differences between decreasing and level term policies

grey avatar silhouette of person The service was excellent. Papers sent on time. And I got a quick response from the provider

Kareemulla Shaik Mohammed Jul 2014

grey avatar silhouette of person Excellent!

Jane Booth Jun 2014

grey avatar silhouette of person Very quick response and easy to set up

Sam Wilkes Jun 2014

grey avatar silhouette of person A straightforward no hassle experience. Very easy to find insurance to suit my budget.

Dean Westnutt May 2014

grey avatar silhouette of person After about 5 minutes I found the best quote from all of the comparison websites within Confused.com. The process was quick and easy to use, which was very helpful. Thanks

Helen Colbridge Mar 2014

grey avatar silhouette of person Easy to use, quick to set up. Help provided over the phone.

Emma Wood Nov 2013

grey avatar silhouette of person I love it. Great price and great cover. So affordable.

Lorna Gardner Nov 2013

grey avatar silhouette of person Quick access to quotes and a good deal.

Louise McCann Nov 2013

grey avatar silhouette of person Confused.com was so easy to use and had lots of good quotes. I initially got a quote over the phone, the guy was very helpful and thorough, eventually booked it online, very happy.

Natalie Blythin Nov 2013

grey avatar silhouette of person I would recommend Confused.com to my family and friends. I have saved £15 month on life insurance.

Alice Kelly Nov 2013

grey avatar silhouette of person Very easy to do and a quick response.

Elizabeth Woodward Nov 2013

grey avatar silhouette of person Very easy steps to follow.

Muhammad Khan Nov 2013

grey avatar silhouette of person A very quick and easy process with lots of options to choose from. I would definitely recommend.

Shahad Howe Nov 2013

grey avatar silhouette of person Very pleased with the results, had no life insurance for my husband after our mortgage finished, and I felt we got a very good deal.

Janet Glen Sep 2013

grey avatar silhouette of person Couldn't be easier, saved time and money. Love this site.

Lesley Lees Sep 2013

Looking for a different type of life insurance?

Joint life insurance

Joint life insurance

A joint policy insures two lives paying out when the first person dies in the policy term

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A fixed level of cover which pays a lump sum upon death of the policy holder

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Critical illness insurance

Get cover for many serious illnesses, including some types of cancer

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Compare decreasing term life insurance online

Confused.com compares many types of life insurance, including decreasing term life insurance. As the UK's first insurance comparison website, we've already helped millions find the right insurance policies and more.

Simply fill in a short amount of information about yourself and leave the rest to us. We'll compare quotes for decreasing term life insurance from top UK providers, and return a list of prices to you in minutes. Personalise your policy to meet your needs and find the right life insurance policy to cover your mortgage payment in the event of your death.

  • Personalise your policy to meet your needs
  • The ability to include for extras such as Criticall illness cover
  • We have a UK based team of people ready to help you on 0800 422 0060
  • Our online comparison is easy to use, and free

Confused Life is arranged and administered by Direct Life & Pension Services Ltd, who are authorised and regulated by the Financial Conduct Authority. Registered office; Pinnacle House, A1 Barnet Way, Borehamwood, Hertfordshire WD6 2XX. Registered in England and Wales No 2467691.

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