Date: 20 December 2017
Venue: Alam Harta Realty Office
Speaker: Mr Shyeed Knurkhiswanddy of Muqmeen Group
During November we have been making some running to how we organize ourselves,defining and sharing more clearly some areas of responsibility and trying to give them more visibility. For December gathering want to give enlightenment about MRTA & MLTA to all participants.
The MRTA is most suitable for those who have adequate standalone life and medical insurance, and do not have many financial dependents. This type of insurance will only take care of your home loan, if it is not fully repaid in the event of TPD or death. Your family will not get a single cent from the policy in these events, as the beneficiary is the bank, not your family members.
MLTA is best for those who need an extra financial protection in the worst case scenario, as it also has a cash value at the end of the policy. This is best for those who have many financial dependents.
Thanks to Mr Shyeed Knurkhiswanddy for sharing on MRTA & MLTA, it is a very meaningful knowledge for all of us.