Sep 9 2012, 12:39 AM
QUOTE(simonlai61 @ Sep 9 2012, 12:13 AM)
Nope, there are same~~
Added on September 9, 2012, 12:18 am
MRTA - Mortgage Reducing Term Assurance
MLTA - Mortgage Level Term Assurance
This is the insurance to cover mortgage loan borrower in case of death or TPD, then the insurance company will settle the loan for the life insured...
for housing loan...Added on September 9, 2012, 12:18 am
MRTA - Mortgage Reducing Term Assurance
MLTA - Mortgage Level Term Assurance
This is the insurance to cover mortgage loan borrower in case of death or TPD, then the insurance company will settle the loan for the life insured...
the mrta/mlta is not compulsory
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