All the banks will want is Mortgage protection.
This is term assurnace which decreases each year, as you pay of the mortgage. The idea is that there wil be enough to cover off the mortgage if you die.
Life cover is usualy level ( same amount throughout the term, or indexing, which increases each year by a certain amount.
It will generally cover your mortgage and anything left over will be part of your estate
Mortgage protection will be much cheaper.
You do not have to buy your mortgage protection from the bank or broker that is arranging your morgage. You should shop around. Check out the best buys for some online brokers.