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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 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 coverage for completed properties and properties under construction (i.e. full level term coverage during the period of construction).|
|Guaranteed 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.
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.
|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.|