Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 MRTA vs MLTA, BETTER OFF WITH mrTA?

views
     
Hello_kitty 89
post Jan 15 2013, 02:41 PM

On my way
****
Senior Member
551 posts

Joined: Feb 2012
How about life insurance? more illness coverage and able to get back portion of money upon death/ serious illmess?
Hello_kitty 89
post Jan 18 2013, 04:32 PM

On my way
****
Senior Member
551 posts

Joined: Feb 2012
QUOTE(eecmlib @ Jan 16 2013, 08:37 PM)
MRTA vs MLTA VS life Insurance  Which is better BETTER ?

Answer= life Insurance with no cash value return is better and very cheap.

You pay 1K per year for 450K protection.
Buy insurance for protection purpose not for cash value return.

Forget about transfer not transfer ....
*
Means die only got rm450k? or serious illness and accident?

I agreed with you. RM1k for rm450k is very good. if live for 30 years nothing happen, burnt rm30k which still acceptable, as our house property !!!!! increase its value, and I can cancel it once sold the property right?
Hello_kitty 89
post Jan 18 2013, 04:34 PM

On my way
****
Senior Member
551 posts

Joined: Feb 2012
add in,
If buying mlta/mrta and sum into loan, the interest also need to be taken consideration.

E.g i extra pay rm 200 per month, also can shorten the tenure up to several years.

mrta/mlta/life insurance, all is good, if limited budget, go for life insurance which u can easily upgrade anytime =)

This post has been edited by Hello_kitty 89: Jan 18 2013, 04:35 PM

 

Change to:
| Lo-Fi Version
0.0157sec    0.53    6 queries    GZIP Disabled
Time is now: 19th December 2025 - 01:29 AM