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Mortgage Reducing
​​​​​​​​​​​​​​Term Assurance (MRTA)

Features & Benefits

Reducing Coverage

The initial Sum Assured of Mortgage Reducing Term Assurance (MRTA) reduces on a monthly basis from the first policy year.

Mortgage Protection

Pays off your outstanding mortgage with a reduced sum assured in the event of your death, total and permanent disability (TPD) (prior to age 65) or upon diagnosis of terminal illness during the term of the coverage. 

Coverage Up to RM 3 Million

Total and permanent disability claim is up to RM 3 million per life.

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.

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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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
      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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