Pm me your loan detail and your D.O.B, i can calculate the premium for you if you need.

Is MRTA a compulsory to buy when applying loan and bank must force to buy?

Can MLRA be bought later?

MRTA is an insurance set by the bank and they want it to be insure.

I think it is impossible.

This post has been edited by Seremban_2: Sep 10 2010, 12:08 AM

MRTA can be optional but the interest rate will be higher if no MRTA.


How do we link MLTA with bank loan ? anyone knows ?

Currently there is a lot of bank make the MRTA an optional and not compulsary already, Interest also same without MRTA.

For MLTA, basically there is no need to make it link with the loan, as the policy holder is you. That's mean you or your beneficial can use the surrender value/compensation to pay off the loan when needed.

Regarding MLTA, can we get back the premium paid after xx number of years when the insurance expire (and nothing bad happens to us ).

Is there any interest earned on the premium paid ?

This post has been edited by jalsrix: Sep 11 2010, 01:12 PM

Depend on which type of MLTA you choose, there is basically 3 types of MLTA for the surrender value.

1) MLTA without surrender value (cheapest)
2) MLTA with non guaranteed surrender value (investment-link product)
3) MLTA with guaranteed surrender value (most expensive among 3 types of MLTA,but surrender value is Guaranteed black and white. Some with interest some without)

Awaiting to chat with you in MSN for few days but somehow did not see you.

Sorry bro, my msn have problem to login recently. Dunno why.
You may email me at onn88@hotmail.com too.
Sorry for inconvenient.

Regards,
Onn

Just want to ask, is the MRTA fees a one time or every year we have to pay again?

I tried searching in this thread for the answer, couldn't get any solid replies.

Any insurance agent that selling MLRA?

MRTA premium only pay for one time. Only MLTA need to pay yearly or monthly depend on your choice.

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Added on September 15, 2010, 11:10 amAlready replied to your pm. Thanks.

This post has been edited by onnying88: Sep 15 2010, 11:10 AM

Seem like those who PMed me have no interest in doing the business to close deal.

I will give this opportunity to my other friends who are PRU / GE and ING financial planner.

can anyone give me a quote for my situation:


250k, for 30 years.


I interested in MLTA.

This post has been edited by stupiak: Sep 29 2010, 07:04 PM

Hi there,

Can someone give me a quote for MLTA and MRTA.
Age: 23
Loan: RM300k
Tenure: 20/25/30/35 years
Basic plan (death & TPD)
Plans with the property: Home stay for say 5-8 years, then sell.

The property is joint-name with my partner who's of the same age. Total for both of us would amount to?

anyone can give me the quotation for MLTA/MRTA

property: condo-under construction
price : 230000
loan : 90+5%

please pm me asap. tq

Hi, if I would like to get MLTA for my property, I can just apply loan without any insurance first, then only buy the MLTA at later stage right ?

I heard about MRTA and MLTA. But what is MRTT? I don't know why the mortgate person is asking me to get MRTT.

If I borrow Rm210k for 30 years, I have to pay MRTA of about RM 7833?

Is this amount correct?

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Added on September 25, 2010, 12:33 amI mean, if I buy such amount of PA myself, I only need about RM150/year..

This post has been edited by epalbee3: Sep 25 2010, 12:33 AM

without ur age i cant calculate for u sir.

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Added on September 26, 2010, 7:56 pmPMED

This post has been edited by jamzz: Sep 26 2010, 07:56 PM