How to switch... mortgage protection
Step 1 Find out what you still owe on your mortgage and the remaining term from your bank.

Step 2 Get a quote from a financial broker for decreasing term assurance (DTA).

Step 3 Complete the health questionnaire and put the new policy in place.

Step 4 Cancel the old policy (there may be a month's overlap).

Potential savings: €7,200 on €50pm policy

Total time: 1 week

Courtesy of Irish Independent