- Life Insurance policy - taken out at mortgage start - appears to run to the term of the mortgage (when I turn 65)
- Mortgage Protection - decreasing in line with the remaining payable on the mortgage
Based on original post the Mortgage Protection is to pay out on remaining balance of mortgage on death so a basic decreasing mortgage protection policy. OP also has what he calls income protection which sounds more like Payment Protection of some sort as it pays out on redundancy too.
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