Financial MRTA vs MLTA vs Term Plus..., whatever they call it
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 Jan 27 2012, 02:01 AM
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#1
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Senior Member
10,387 posts Joined: Dec 2011 
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QUOTE(1282009 @ Jan 27 2012, 12:39 AM) Quick question here. can we terminate our mrta with insurance comp anytime and get some of our premium paid? My mrta still has 20+ years to go.. depends which bank and it's insurance company.  Mostly now, are allow to cancel and redeem the surrender value, which is according to your MRTA table. Try find the policy out and I am assure the table/chart is there to show you. |
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Jan 30 2012, 11:00 PM
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#2
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Senior Member
10,387 posts Joined: Dec 2011
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QUOTE(1282009 @ Jan 27 2012, 11:36 AM) Thanks, have called the bank which is the policyholder. They will cancel it for me and get back the remaining premium after I've redeemed the loan in full. Great to hear that!~ |
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