Reducing coverage
Your insurance coverage reduces over time to match your remaining mortgage
May be suitable for you if:
- You are buying a home for your family to live in
- You want your premiums to be as low as possible
- You intend to pay off the mortgage as quickly as possible
Fixed coverage
Your insurance coverage stays the same throughout the duration you set
May be suitable for you if:
- You intend to buy and sell properties for investment purposes
All figures in the infographic are provided for illustrative purposes only.