|
Sheila
Tarr
Independent
Financial
Services
|
|
|
| |
Protection: Decreasing Term Assurance (DTA) | |
|
With DTA, the sum assured reduces to nothing over the term of the policy. Policies are setup on this basis when there is a reducing debt, such as a mortgage that has been arranged on a repayment basis (where both capital and interest is being paid).
|
|