Even though your policy may have been set up at the same time as a mortgage or other financial commitment, it's not linked to it.

Your policy would pay out in the event of a valid claim, during your policy term, whether or not you still have that mortgage or financial commitment.

It is at the discretion of your beneficiaries how they choose to use the proceeds in the event of a valid claim.

Your financial adviser can provide advice based upon your current circumstances. 

Can I make changes to my policy?