Don't let the uncertainty of life worry you. Whether you choose MRTA or MLTA loan insurances, you can enjoy peace of mind knowing your family's finances are protected in unforeseen circumstances.
MRTA is used just to cover your home loan owed to bank and is usually offered by the bank you are getting the mortgage from, as it is used as protection for the bank in case of misfortunes that stop you from servicing the loan.
On the other hand, MLTA is a slight variation from MRTA and offers protection plus savings - and in some policies, returns on the premium. This is a personal plan, where you and your dependents are financially protected when you are no longer around, or have lost the ability to generate income.
Our consultants will gladly guide you towards choosing the best and most competitive home loan insurances available to meet your needs. Contact our consultant for further information.
About mortgage protection you can contact us for more information if you are interested.