WHAT IS MRTA / MLTA?

MRTA (Mortgage Reducing Term Assurance) and MLTA (Mortgage Level Term Assurance). Answering some common questions about mortgage insurance! What is it? Why do i need it? Is it Compulsory?
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[@ShaheenAkef]

Good job and informative video .. keep it up dude 👍🏻

[@wikiblue7728]

Hi, I wanted to know a couple of things : -
1) if one purchased the MRTA, who will sign it? The one who purchases it or it can be your next of kin who can sign on your behalf
2) let’s say you purchase a property, it gets auditioned off and you die, what happens to the MRTA?
Thank you :)

[@kdtrillion2989]

New information now Malaysia bro