What are the consequences of buying a property without MRTA other than next of kin having to still pay for it after owner passes on?

The bank officer told me that actually properties above RM200k not compulsory to purchase MRTA. Just that as a sales package, they officer insurance included and interest rate is probably 0.05% lower.

I plan to speed up payments via top up 10% every month and end up shorten the repayment period, so in the end works out better although interest rate is higher without MRTA.

Thanks for feedback.

CG already done deal lor. For another property.

But i dont intend to buy wor.