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AIA MLTA

 
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jimc



Joined: 25 Jul 2007
Posts: 20

PostPosted: Thu Aug 02, 2007 9:12 pm    Post subject: AIA MLTA Reply with quote

Hi,

Can anyone pls verify whether the following is correct? This is what the AIA agent told me.

- MLTA could transfer to another property in future if existing house loan is settled.
- I could use the cash value from MLTA to pay the balance of my house loan.
- If I go for early settlement for my house loan, I could get back the entire cash value by surrender the MLTA.


Btw, how much is the surrender value compared to MRTA?

Thanks.
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khlim9



Joined: 08 Oct 2007
Posts: 1

PostPosted: Mon Oct 08, 2007 12:54 pm    Post subject: Re: AIA MLTA Reply with quote

Hi there,

Yes, is correct. FYI, MRTA don have any return!


jimc wrote:
Hi,

Can anyone pls verify whether the following is correct? This is what the AIA agent told me.

- MLTA could transfer to another property in future if existing house loan is settled.
- I could use the cash value from MLTA to pay the balance of my house loan.
- If I go for early settlement for my house loan, I could get back the entire cash value by surrender the MLTA.


Btw, how much is the surrender value compared to MRTA?

Thanks.
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bryanniau



Joined: 13 May 2008
Posts: 4

PostPosted: Thu Jul 31, 2008 4:42 pm    Post subject: Clarification Reply with quote

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