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Mortgage Reducing Term Assurance (MRTA)

MRTA comes with the following attractive benefits & features

  • 24-hour worldwide coverage for death or total & permanent disability protecting your home by settling your mortgage balance with one lump sum payment to the financier
  • One time premium payment to enjoy coverage for the entire duration of your home financing, with an option to amortise it over the period of your housing loan via single contribution financing
  • One year validity for premiums quoted on the offer letter, even if your age increases
  • Flexible coverage for completed properties and properties under construction


Member of PIDM
The benefit(s) payable under eligible certificate is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact AmMetLife Insurance Berhad or PIDM (visit


  • Open to individuals aged 18-65 (age next birthday)
  • Term of assurance is from 2 years to 35 years depending on your loan tenure
  • Age plus term of policy can be up to 70 years


  • You are advised to ensure that this plan will best meet your needs and the premium payable under this policy is an amount you can afford
  • Also, if you cancel this policy in the early years, you may not be able to achieve the full value from the amount you have paid
  • There is a free-look period of 15 days after the receipt of your policy to allow you to review if it meets your needs. If the policy is returned within the period, the premium will be refunded, subject to deduction of any expenses incurred for medical examination
  • This brochure is for illustration purpose only. For further details on the terms and conditions, please refer to your policy document
  • Please refer to the sales illustration pertaining to your policy provided to you by AmMetLife