Life insurance & Mortgage Protection Glossary

You will encounter plenty of jargon and technical terms when looking for a MortgageProtection. Get ahead with A to Z glossary to Life InsuranceandMortgageProtection. Click on the letter below to search for the word you're looking for.

Cheap Contents Insurance
Cheap Contents Insurance by shopping around, and being selective about the type and level of cover taken, it’s possible to save money on Contents Insurance, also known as low cost Contents Insurance. Cheap Contents Insurance may not necessarily provide the most comprehensive cover.

Cheap Insurance
Cheap Insurance by shopping around, and being selective about the type and level of cover taken, it’s possible to save money on Insurance, also known as low cost Insurance. Cheap Insurance may not necessarily provide the most comprehensive cover.

Cheap Life Insurance
Cheap Life Insurance by shopping around, and being selective about the type and level of cover taken, it’s possible to save money on Life Insurance, also known as low cost Life Insurance. Cheap Life Insurance may not necessarily provide the most comprehensive cover.

Commercial Insurance
Commercial Insurance covers risks of a non-personal nature - e.g. motor fleets owned by companies, employer’s liability, office Insurance, etc.

Conditional Insurance
Conditional Insurance is an Insurance product that is required as a condition before - for example - a Mortgage will be offered.

Contents & Building Insurance
Contents & Building Insurance is a combined policy that covers the Property and its contents.

Contents Insurance
Contents Insurance is an Insurance that pays for damage to, or loss of, your personal possessions whilst they are located within your home. Some contents Insurance policies also provide restricted cover for personal possessions temporarily taken away from the home by the policyholder.

Contents Only Insurance
Contents Only Insurance is an Insurance covering only the contents of a Property. This may be taken if, for example, Buildings Insurance is arranged via landlords and so does not need to be taken out by the occupier.

Convertible Term Assurance (CTA)
A Term Insurance policy which gives you the option to convert your current policy to a whole of life policy or endowment Insurance policy.

Cover
Just another word for policy.

Critical Illness Cover (CIC)
Critical Illness Coverpays out on diagnosis of a specified condition during the policy term, often regardless of the level or speed of recovery.

Critical Illness Insurance
Critical Illness Insurance, also known as Illness Insurance is a policy that pays out a lump sum on the diagnosis of life threatening illnesses indicated in the terms of the plan.

Credit Insurance
Insurance which covers the monthly payments on an outstanding debt for a fixed period, in the event of illness or unemployment.