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MRTA
MRTA
An insurance plan that provides Maybank home financing borrowers with financial protection for their home.

Why do I need Mortgage Reducing Term Assurance (MRTA)?
Unfortunate events can happen anytime, and if anything untoward should happen, you can be assured that your family will have a roof over their heads and a measure of stability during the hard times.

What do I get out of it?
In the unfortunate event of Death or Total and Permanent Disability (TPD), you are ensured that the balance of your housing loan will be fully settled.

Guaranteed benefitGuaranteed benefit: Upon Death or Total and Permanent Disability (within accepted terms), we will settle your mortgage balance based on the table of reducing sum assured.
Flexible coverageFlexible coverage for completed properties and properties under construction (i.e. full level term coverage during the period of construction).
Guaranteed acceptanceGuaranteed acceptance with no medical examination for Sum Assured up to RM150,000 and entry age up to 50 years old next birthday*.

*Subject to pre-existing conditions.

Other Benefits
Single premium financing: You have the flexibility to finance your single premium into your housing loan.

You can apply for Mortgage Reducing Term Assurance (MRTA) if you are:
•
Aged 16 - 69 (next birthday) with coverage up to age 70 and as long you have a Maybank housing loan.


I want to ensure my family is well taken care of. Get someone to call me with more information on Mortgage Reducing Term Assurance (MRTA).

This web page is neither a contract of insurance nor forming part of it. The precise benefits, terms and conditions and other details are available in the Policy Contract.
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To buy this plan, please follow a few simple steps:

1. Log in to Maybank2u.com.

2. Click the INSURANCE tab.

3. Click PURCHASE SENIOR PA and select your desired plan.

Click here to log in to Maybank2u.com now.

Thank you for your interest in our insurance plan. You can purchase it by:

• Getting our financial experts to contact you

• Calling our Maybank Group Customer Care at 03-5891 4757

• Or drop by any Maybank branch