A Personal Finance Blog for Malaysian: MRTA vs MLTA (by Personal Money Nov 2011)

Tuesday, November 15, 2011

MRTA vs MLTA (by Personal Money Nov 2011)

Which is the right coverage for a loan seeker?

Key points in this article:-

  • MRTA - Cheap for a reason.
  • Is it smart to use existing life policies?
  • MLTA - Benefits at a cost.
  • Not cheaper or better.
My conclusion:
MLTA is widely accepted since last two years, thanks to hardworking life insurance agents. It comes as an option for consumer to select a better option for them, no right or wrong, no cheaper or more expensive but something able meet individual's unique requirement.

Source: Personal Money - November 2011 Page 46 to Page 48

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