There is another option that you can consider.

Buy Life Insurance and finance it thru the bank. That will lower your monthly commitment for 8 to 10 years.

If you want to know more, please PM me

actually, MRTA normally covers death only, some will add in total permanent disability rider at higher cost.

what if 36 critical illnesses struck and you are unable to work and you are not dead yet? you dont get compensated.

there are pros and cons of MRTA, MLTA or other term life... what we actually need is a contingency plan. if you do not think the 36 critical illnesses or total permanent disability is important, then you better prepare a sum that aid you in maintaining the same life should such things occur.

There is no right or wrong, there is only a question of where should we stand?

yeap... MRTA is a must for some banks to lock better rate but most lock you for longer period as well

2 to 3 years back... MRTA is a must

then the law changed, nothing is mandatory now

hi all,

Please also disclose your occupation and sex next time when you wanna ask for quotation.

thanks

Assasins is so pro...

but what i can say is... MRTA is like D*Gi - 1 plan for all,

MLTA is like M*Xis - different plan for different need