you have to get exact proposal with Surrender Value stated in the proposal form. based on my Experience, i finance my MRTA of RM 6K to my loan for a loan amount of RM 242K over the period of 30 years. i'm young that time. after 5 years owning the prop, i sell it off and i cancel the MRTA policy. i got a surrender value of RM 3K.

MRTA is a reducing balance where each years coverage is reducing. in my opinion, it's good for those who are lack of fund.

if you contact Insurance Agent, they'll propose MLTA where you need to commit a sum per month. it also depend on your "Coverage Value" or so called Sum Assured. you can get a loan of RM 500K but your MLTA can go for 300K Sum Assured only. it's solely based on your decision. waht i don't like is the Monthly Commitment. How much can you get back after 10 years for your MLTA? RM 125 per month X 12 X 10 year, = RM 15K pay out for MLTA. maybe you only get back 18K at year 10th. check the surrender value in the proposal form. i dont' think it's a significant amount to get back. buying MLTA not about getting back the amount, but coverage of your Loan if there is anything happen to the borrower.

bear in mind also, MLTA means more commission for insurance agent. in my opinion, both has their advantages and disadvantages.

agreed with most opinion here. there is no right or wrong for MRTA and MLTA. it's all depend on individual need. but at least i learn new thing which MRTA can be transferable to another prop. great info.