- Cover will reduce throughout loan tenure (cover Outstanding loan)
- No cash returned
- Cannot transfer when refinance/new purchase
- Cover stop after loan tenure end (cover expired at 65)
- Can finance into loan but need to pay interest
- No Guaranteed to settle outstanding balance (because Outstanding balance affected by BLR fluctuation but MRTA amount no)
- High initial premium (Higher premium according to aging)
- No installment (One time payment)
- An expense/a liability
- No tax relief
| - Cover remain fixed throughout loan tenure (cover Principal loan)
- Have cash return
- Can transfer when refinance/new purchase
- Cover continue after loan tenure end (cover till 100yo)
- Cannot finance into loan therefore no need to pay extra interest
- Guaranteed can settle outstanding balance (MLTA amount always > Outstanding balance)
- Lower initial premium (Premium fixed even aging)
- Can pay by monthly installment
- MLTA amount will paid to settle loan upon diagnosed of 36 critical illness
- An investment/an asset
- Tax relief RM7,000
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