Our Glossary of life insurance terms
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Misc
Decreasing Term Insurance
A term life insurance policy with a level premium but a death
benefit that decreases over time.
More commonly known and used as mortgage protection policy, but
can also be used as a fixed term family income benefit plan. The
plan is very effective for any other depreciating liabilities.
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Life-Ins.co.uk is a service provided by Invest &
Protect Ltd registered
office 45 Market Street Hoylake Wirral
registered in England and Wales Registration
number 4566052
Invest & Protect Ltd is authorised and regulated by the Financial Services Authority
under firm reference number 439830. The
financial services authority does not regulate
inheritance tax planning.
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