I take your point about paying off arrears People who are in arrears need to cut and make all the savings they can and restore there credit rating as fast as they can.I still can not get my head around letting life insurance go. just me.If the doctor tells you have some illness which affects your chances of getting life insurance by then it is too late.Once you have Mortgage life insurance you always own your own house fully if anything were to happen and you were ill for some time you have a house to offer in return if someone helps take care of you