Hi,


Anyone can provide me a coverage plan for RM1 million, with a monthly premium of RM 300? Tenure of the plan is 28 years. It could be mlta, ilp, savings plans,etc. pls PM the details. I am looking to have this to cover my family when the unexpected happens to me.

Hello, anyone can quote me the premium rates for MRTA and MLTA? Loan amount is around RM400k. Tenure: 30 years.

Each insurance company have different surrender value. When i buy have survey some surrender value will increase & some not.

Please pm me your age, gender, occupation for more accurate MRTA/ MLTA quotation.

Need advise also quotation for my loan. If I joint name for the property and the loan. Can the MRTA buy for me solely instead of the other one?

You can get each cover 100% of the loan amount, or each cover 50% or each cover any % as you wish or either only one get MRTA only. No restriction on it. The only restriction is your $$$.

Can quota me mrta and Mlta?
Loan is 400,500
Tenure 35years
Dob 1987

Tq

Hi , can I buy MRTA in later stage (like 5th or 6th year of my loan tenure) or I must get it when I'm applying for house loan ?

How if later stage I pay cash one lump sump. (don't want to let bank earn interest) hahaha ...

Yes you can buy later with cash, but you might paying more as the premium will higher as age go higher.

Hi, just heard about MLTA recently. I didn't get any of home assurance when I got my loan. Can I still apply for it?

My scenarios is person A & B joined name to buy a sub-sale property.

We paid 10% down payment and remaining 90% loan finance as staff loan under person B. MRTA is also included as it is compulsory as part of the requirements for staff loan.

However, SPA signed and registered with both the names for person A & B.

Since the staff housing loan is going to pay by person A & B, should person A buy MLTA so that person A is also covered?

p/s: Person B is covered with MRTA.

This post has been edited by kokmengng: Nov 14 2013, 02:06 PM

Yes, you may apply for MLTA anytime. Pm me some of your detail such as age, gender, loan amount, loan tenure if you would like to get some quotation for few MLTA types and comparison.

Of cause it's no obligation and feel free to ask anythings.

Yes, you may option to get MLTA covered for person A as person A is responsible for 50% of the loan commitment. But if person B's salary/commitment is enough to cover person A at anytime, Then you might consider to not get MLTA for person A. There is no right or wrong, person A will buy MLTA to let person B feel more secure in future.

It's totally up to your choice.

Hi can quote me for MLTA>?

Already PM u

All bank no longer offer MRTA?

I heard MRTA is beneficial for investment house and you get back what you dont use. Whenever you sell the house you will get the remaining differences.

Say you take 30 yrs mrta which is RM3,000.00 and then sell your house later after 3 years, then the insurance company will pay back the balance about +-RM2600 to you.

This is very fair deal right?

This post has been edited by kaifahalas: Dec 21 2013, 07:55 PM

Can quota me mrta and Mlta?
Loan is 460,500
Tenure 35years
Dob 1984

guys wanted to know if let say i have unfavorable health condition and MRTA rejected. todate the S&P and loan has been approved. Will my loan rejected and what option do i have?

my banker is Public Bank, so situation still salvageable?

i think it depends on bank?

some banks mandatorise mrta, some don't...
some banks have different blr for loan with mrta and loan without mrta...

so better check with your bank

This post has been edited by MiLKTea: Jan 28 2014, 02:40 PM

Hi,

Can quote MLTA MLTT
Loan 960k
Years 21
DoB 1964