There is no GMTA - its just another name CIMB used [Sun Life]

The policy will pay the reducing sum assured as per reducing sum assured schedule in the event of your death or Total Permanent Disability (TPD).

its either MRTA - Reducing or MLTA - Fix term

MRTA - No cash value, cheaper.
MLTA - have cash value, expensive.

http://www.cimbbank.com.my/index.php?ch=cb...7&tpt=cimb_bank

MITA is totally sucker to me ... 

MRTA - Reduce protection amount yearyl, premium reduce yearly.
MLTA - Same amount yearly, premium same yearly.
MITA - Increase amount yearly, premium increase yearly.

Why the hell you want to increase your coverage amount yearly ? money got nothing better to do ?

1) MRTA
The ING Mortgage Reducing Term Assurance (MRTA) is a policy that pays
off the outstanding principal loan in the unfortunate event of death
or total permanent disability. The policy would protect your family
from the burden of repaying your loan should something happen to you.
the benefits of MRTA, it cover for death n total permanent disability
only.

2) MLTA
The ING Mortgage Life Term Assurance (MLTA) is a policy that pay off
the outstanding principle loan in the unfortunate event of death or
total permanent disability. It also will reduce the your housing loan
tenure, let say your housing loan tenure is around 30 years and with
MLTA it's will reduce your tenure around 8 years and your loan tenure
would be around 22 years only and you also can refund that balance of
8 years. The benefit of MLTA is, it cover for death, total permanent
disability and can refund.

3) MITA
The ING Mortgage Increasing Term Assurance is a policy that pay off
the outstanding principle loan in the unfortunate event of death or
total permanent disability. It also cover for Critical Illness
(critical illness that listed by ING) and It also will reduce the your
housing loan tenure, let say your housing loan tenure is around 30
years and with MITA it's will reduce your tenure around 18 years and
your loan tenure would be around 12 years only and you also can refund
that balance of 12 years. The benefits of MITA is, it cover for death,
total permanent disability, critical illness and also can refund.

financial people will sure love you ...

how do you reduce your 30 yrs loan by 18 years if you don't put in more and more money ?

if MLTA is reducing 30yrs by 8 years because you pay same amount yearly ... to reduce to 18 years means you need to pay more right ? 

dont have such big frog jumping on the street

the explanation is from their site ... 18 years is from their site ... everything is from their site ... i am just reading their site ... OMG !! the link is given, go click it ... i just copy the section out since i know people dunno how to click ... didnt know, read also don't want to do (actually i know people don't even read ).

i am just slightly faster in reading sales crap than other people. 

Cant blame your google skill ... its OK go buy MITA ... its different ... wall its yours to bang ... not mine
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