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Decreasing Term Assurance

Protection advice from ASC Financial Solutions – Milton Keynes, Buckinghamshire

Decreasing Term Assurance is the least expensive of the Term Assurances. This type of Life Assurance is commonly used to protect Capital and Repayment mortgage debt. The level of benefit decreases as the term of the policy runs, however the premiums remain the same and are fixed throughout the policy term.

The premium level is lower than that of Level Term Assurance as a result of the decreasing benefit.

Decreasing Term Features

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