Objectives:
1) You wish to pay off your loan if any unfortunate event happens without burden your family.
2) You wish to safeguard your human value for your beloved family.
The solution is simple:
Set up a Mortgage Term Assurance (MRTA or MLTA) to safeguard your home and your personal human value of your beloved family. This plan is designed to help you pay off your remaining liability to the bank, and your beneficiaries will receive the home plus the cash in the event you are passed away or total permanent disability.
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