If you are in doubt ask your lender how much cover they require you to have. In general your lender will require a policy with a level of life cover that is not less than the total amount that you are borrowing. The policy should run for not less than the term of your loan. For example if you borrow a total of EUR 200,000 over 20 years. Then you will require a policy for EUR 200,000 over 20 years.

If you are using our service to compare the price you are currently paying for your mortgage protection with the best that's currently available on the market, then on our "Free Quotation Request" form for Mortgage Protection you should enter an amount which reflects the present balance (rather than the amount you originally borrowed -ask your lender for the figure) and you should also enter the remaining term (rather than the original term) rounding up if appropriate (e.g. you cannot have a policy for 12.5 yrs, must be 13 yrs).