Hi sifus, want to ask about MRTA/MRTT when buying house, how to check other than directly from Bank how long is the coverage period and which insurance company?
Thank you.
[WTA] MRTT/MRTA
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 Feb 21 2022, 12:06 AM, updated 4y ago
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1,394 posts Joined: Aug 2006 From: Sungai Petani  
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Feb 21 2022, 09:45 AM
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Senior Member
1,394 posts Joined: Aug 2006 From: Sungai Petani
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QUOTE(mini orchard @ Feb 21 2022, 06:52 AM) You should request a policy statement from the bank/insurer. Yeah, I figured so. Just thought if there are other ways than to request it from the bank, maybe online statement etc. QUOTE(digitalz @ Feb 21 2022, 09:17 AM) Actually, MRTA/MRTT period should be up to you also. Some people request for shorter period than the loan period as they'd clear the loan earlier. So, if shorter than there will be period the house no longer under any insurance/protection? |
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