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Financial MRTA vs MLTA vs Term Plus..., whatever they call it

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KamisF
post Jun 10 2021, 05:31 PM

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QUOTE(Bellaciao @ Jun 10 2021, 05:14 PM)
MLTA is more expensive but better as long as the coverage you buy is sufficient for your property. MRTA is cheap but in the event of death, the MRTA coverage unable to cover the remaining loan amount..
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even if we take full coverage (e.g house price 500k, mrta cover 500k) it will be unable to cover loan amount?

 

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