Hi all.

Just wondering. Can I purchase MRTA separately from third party or it has to be under bank's insurance company?
Bank offered MRTA into the loan so they can offer slightly lower interest rates.

The MRTA quoted by banks differ from 1 bank to another - how can this occur?
Loan officer said the MRTA cost is already generated by system and no discount can be given - is it true?
Some bank's MRTA cost is almost double the MRTA offered by another bank with the cheapest MRTA for same amount of loan.

How to avoid that? And any suggestions or views to get the best out of this situation? I still want MRTA.