first-time homebuyer Malaysia

When taking up a home loan in Malaysia, borrowers are often advised to consider insurance protection in case of unexpected events. Two common types are MRTA and MRTT. But what exactly are they, and which one suits you better? 💼 What is MRTA? Mortgage Reducing Term Assurance (MRTA) is a lump-sum premium insurance policy that covers your outstanding housing loan in the event of death or total permanent...