MRTA & MLTA
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 Mar 28 2016, 07:47 PM
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#1
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All Stars
10,162 posts Joined: Nov 2014 
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QUOTE(10cent @ Mar 28 2016, 04:59 PM) What is the calculation of MRTA & MLTA? Hii failed to get the calculator in google about it. Does anyone know?  Let say property RM600K?  Please provide your age, gender, do you smoke ? What's your loan amount ? Also please provide your email and contact info if possible |
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Mar 30 2016, 09:10 AM
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#2
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All Stars
10,162 posts Joined: Nov 2014
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QUOTE(aiskrimcup @ Mar 30 2016, 09:04 AM) Hi bro, for your both option for the MLTA, meaning the annual payment is for all 35 years? Sorry I am nubis in the MLTA term. Also, during the period, are we allow to cancel the subscription? Or must serve a few years down the road. Also are we entitle for invested partial payment? Please advice. MRTA - you will pay 1 lump sum payment to the insurance company for the 35 years coverageMLTA - you pay monthly instead of 1 lump sump. The coverage serves as a protection during your loan tenure. You are entitled for certain cash value in the near future should you cancel off the MLTA, for MRTA, you get certain pro-rated premium refund. Feel free to ask me any further questions |
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