Credit Reducing Term Assurance (CRTA)

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Credit Reducing
Term Assurance (CRTA)

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Reducing Coverage

Credit Reducing Term Assurance (CRTA) is a single premium term plan that provides reducing coverage - coverage amount reduces as principal loan amount reduces accordingly to pre-determined annual loan repayments.

Financing Settlement

Pays the sum assured to settle your outstanding loan balance in the event of death, total & permanent disability and terminal illness.

Free Cover Limit

Save cost and time with the amount of cover each individual policy member has without the requirement of medical evidence or underwriting.

Money-Back Protector

Receive the full amount of premium paid upon policy maturity.

DISCLAIMER:
The description of coverage above is a summary. Complete information on the terms and conditions are stated in the contract policy.

Eligibility

Entry Age Limit (age at last birthday)
- Minimum entry age: 18 years old
- Maximum entry age: 70 years old
Initial Sum Covered
- Minimum sum covered: RM50,000
- Maximum sum covered: No limit, but subject to underwriting requirement
Coverage Term
- Minimum coverage term: 5 years
- Maximum coverage term: 45 years*

*The maximum coverage term is subject to maximum expiry age

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Credit Reducing
Term Assurance (CRTA)