Hi Suzanne, they are both the same in reality, just industry speak. You have two options - level term (which is where you insure a fixed value of say £100k over a 20 year period) or mortgage protection which specifically covers your mortgage and the level of cover decreases in line with the outstanding mortgage balance.

As these are complex financial products I would recommend that you call our regulated advisers on the following number 0845 3453284 and they will be able to give you specific advice and an indication of price from a large number of providers