Every month they charge me for insurance. Apa insurance? Machiam songlap jer....
PTPTN why need to pay insurance?, What is that?
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 Dec 18 2015, 01:44 PM, updated 11y ago
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#1
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820 posts Joined: Jan 2003 
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Dec 18 2015, 02:19 PM
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#2
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Junior Member
207 posts Joined: Jan 2010 From: The End Is The Beginning Is The End 
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for protection against errand borrowers
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Dec 18 2015, 02:21 PM
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#3
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550 posts Joined: Jan 2007 
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Or for if you died before completing the loan?
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Dec 18 2015, 02:21 PM
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#4
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Junior Member
366 posts Joined: Nov 2007 From: Sin City
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if u mati, the insuran can pay the remainder of your ptptn
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Dec 18 2015, 02:22 PM
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#5
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911 posts Joined: Jun 2005
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Insurance that you will repay the loan lah. Based on default rate, I trust the premium is high?
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Dec 18 2015, 02:22 PM
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#6
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Senior Member
2,864 posts Joined: Feb 2011 From: NoWhere
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in case u gg gomen can claim from insor
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Dec 18 2015, 02:23 PM
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#7
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395 posts Joined: Mar 2011
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Biasalah bro. Semua loan kena ada insurance.
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Dec 18 2015, 02:23 PM
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#8
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820 posts Joined: Jan 2003
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QUOTE(Exiled_Gundam @ Dec 18 2015, 02:21 PM) Or for if you died before completing the loan? Why do I have to pay for that? They should pay for that themselves. |
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Dec 18 2015, 02:23 PM
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#9
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858 posts Joined: Jan 2008
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If borrower kick the bucket, they need to recoup the money
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Dec 18 2015, 02:24 PM
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820 posts Joined: Jan 2003
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This post has been edited by eXTaTine: Dec 18 2015, 02:33 PM |
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Dec 18 2015, 03:04 PM
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Senior Member
550 posts Joined: Jan 2007
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QUOTE(eXTaTine @ Dec 18 2015, 02:23 PM) Why do I have to pay for that? They should pay for that themselves. Hmm I think this is same like some personal loan. If you died before finish paying the loan, the remaining unpaid considered settled. But of course this were financed from the insurance collected from other borrowers |
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