Mortgage Reducing Term Assurance (MRTA)

You are now leaving AffinAlways.com

Please be informed that upon entering a third party website, AFFIN BANK’s privacy policy ceases to apply and you are advised to read the privacy policies of the third party website. AFFIN BANK gives no warranty as to the entirety, accuracy or security of the linked third party website or any of its content.

As such, AFFIN BANK shall not be responsible or liable in connection with the content of or the consequences of accessing the third party website.

Mortgage Reducing
Term Assurance (MRTA)

Apply Now

Share this

Reducing Coverage

The initial Sum Assured of Mortgage Reducing Term Assurance (MRTA) reduces on a monthly basis from the first policy year.

Mortgage Protection

Pays off your outstanding mortgage with a reduced sum assured in the event of your death, total and permanent disability (TPD) (prior to age 65) or upon diagnosis of terminal illness during the term of the coverage.

Coverage Up to RM 4 Million

Total and permanent disability claim is up to RM 4 million per life.

Money-Back Protector

Receive the full amount of premium paid upon policy maturity.

DISCLAIMER:
The description of coverage above is a summary. Complete information on the terms and conditions are stated in the contract policy.

Entry Age Limit (age at last birthday)
- Minimum entry age: 18 years old
- Maximum entry age: 70 years old
Initial Sum Covered
- Minimum sum covered: RM50,000
- Maximum sum covered: No limit, but subject to underwriting requirement
Coverage Term
- Minimum coverage term: 5 years
- Maximum coverage term: 45 years*

*The maximum coverage term is subject to maximum expiry age

You may also like...

Credit Reducing Term Assurance (CRTA)

Pays your outstanding business loan based on reducing sum insured in the event of death or disability.

Credit Level Term Assurance (CLTA)

Covers your outstanding business loan with a guaranteed sum assured in the event of death or disability.

Business Term Takaful

A shariah compliant Takaful plan provide coverage for customers who take up business financing to protect their financing in the event of death or Total Permanent Disablement (TPD).

Eligibility

Entry Age Limit (age at last birthday)
- Minimum entry age: 18 years old
- Maximum entry age: 70 years old
Initial Sum Covered
- Minimum sum covered: RM50,000
- Maximum sum covered: No limit
  Subject to underwriting requirement
Coverage Term
- Minimum coverage term: 5 years
- Maximum coverage term: 45 years*
  *The maximum coverage term is subject to maximum expiry age

I'm looking for

Mortgage Reducing​​​​​​​​​​​​​​Term Assurance (MRTA)

How to reach us?

Mortgage Reducing
Term Assurance (MRTA)