Financial [WTA] Is MRTA/MLTA compulsory, any1 wit health issue had experience?
|
|
 Dec 17 2010, 10:24 AM
Return to original view | Post
#1
|
 
Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~   
|
MRTA/MLTA is not compulsory nowadays. But if you think that you need to protect your interest (actually is you and your kin), just go for it. It wun cost much also..
|
|
|
|
|
|
Dec 18 2010, 01:03 AM
Return to original view | Post
#2
|
|
Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~
|
QUOTE(F1meteor @ Dec 17 2010, 02:27 PM) make sure u know how MRTA works before u buy Actually, MRTA/MLTA is some sort of synonyms for life insurance. Instead of coverage household expenses, it covers for your loan please ask them to draw you the graph thingy so you will understand better My loan was 40 years, and i planned to get MRTA for 20 years after i see the graph, I decided not to buy MRTA anymore and increase my life insurance policy    . So the difference is just the purpose. Everything is the same.. |
|
|
Dec 29 2010, 12:55 PM
Return to original view | Post
#3
|
|
Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~
|
QUOTE(foong_14 @ Dec 29 2010, 08:56 AM) Just one question, do MLTA need medical check up report? For standard life-> NoFor substandard life (medical history such as diabetes, done any major operation, family health history etc)-> Yes For low coverage (based on age)-> No For large coverage(based on age)-> Yes By the way, the medical check-up is free.. |
|
|
Feb 10 2012, 08:13 PM
Return to original view | Post
#4
|
|
Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~
|
QUOTE(AskChong @ Feb 6 2012, 12:04 PM) Yes, validity of claim will be depends on the Declaration. IF Sum Assured is small (i.e. less than RM500,000), most of the time Medical Report is not requested. How low is low actually? As long as required by underwriter and it is not medical plan, the medical report is free. If the premium really low, compared to the cost, they might load you. Depends on the insure health situation..Added on February 6, 2012, 12:05 pm I don't think Medical Check Up is FREE if the premium payable is LOW. QUOTE(Haslizama @ Feb 10 2012, 12:03 PM) Will bank cancel my loan if my mrtt rejected by takaful?Loan approved and all legal documentation signed.. Before bank disburse money i get to know Few scenario, my mrtt rejected due to unfavaourable medical report..now bank officer help me to appeal from mgt to drop mrtt from letter offer..now im quite worry if bank cancel my loan... Any advice 1)loan approved with current offer 2) loan approved with a higher eff interest 3) loan not approved Suppose I don't think they will reject ur loan. Keep us update here. This post has been edited by MaxWealth: Feb 10 2012, 08:17 PM |
|
|
Feb 11 2012, 10:45 AM
Return to original view | Post
#5
|
|
Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~
|
QUOTE(Haslizama @ Feb 10 2012, 08:46 PM) Hope so.. Futhermore my loan only 70% and all legal fees absorb by bank....Do u think i have to payback if bank cancel my loan?Everything run smoothly at the beginning and problem star arise prior to disbursement... From my experience, you will still get the loan. Because it's not you whom cancel the loan.What your banker say about it? |
|
|
Feb 13 2012, 11:15 PM
Return to original view | Post
#6
|
|
Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~
|
[quote=Haslizama,Feb 11 2012, 04:32 PM]
[quote=MaxWealth,Feb 11 2012, 10:45 AM] From my experience, you will still get the loan. Because it's not you whom cancel the loan. What your banker say about it? [/quote She just said will try her level best to appeal from mgt and dont give me any promise... Dats y im quite worry.... [/quote] Hi, so how is your loan? |
|
|
Feb 15 2012, 10:08 AM
Return to original view | Post
#7
|
|
Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~
|
QUOTE(Haslizama @ Feb 14 2012, 08:56 PM) Just received call from banker, she said waiting approval from high authority and should be ok but im not sure new interest offered... Developer also keep asking on payment coz case pending too long.. Just wait my friend. All the best to you. Update your news with us ya. good luck! |
|
|
Feb 28 2012, 01:10 PM
Return to original view | Post
#8
|
|
Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~
|
QUOTE(Haslizama @ Feb 25 2012, 08:44 PM) Al rajhi bank doing things damm slow..eventhough they said everything approved but until now i have yet sign new LO.. Tried to contact sales agent but he did not pick up my call or reply my sms..now developer threaten to open sale if bank dont disburse money to them by next week..im really regret to choose alrajhi as my financier..i dont know what to do... Sorry for that, how is the progress now?? |
| Change to: |  0.0168sec
 1.20
 6 queries
 GZIP Disabled
Time is now: 19th December 2025 - 04:13 AM |
Quote