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Acccording to revenue website mortgage protection policy premiums can be treated as an allowable deduction in computing rental income. I have a life assurance policy with ark life called a flexible protection plan which provides a combination of life assurance and savings. I took this out a few years before i got a mortgage. It is not specifically mortgage related but when i got the mortgage the bank accepted it as life cover for the mortgage. I am now renting out the house. Not sure if this policy can be used as an expense in computing rental income. Any views much appreciated.