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Mortgage Reducing Term Assurance (MRTA)

You seek to protect your home, your loved ones and your lifestyle

  • Looking to ensure your family will always have a roof above their heads?
  • Seeking protection 24 hours a day within the period of coverage, all over the world
  • At Standard Chartered, you can expect to enjoy all this and more!

We offer a flexible solution …

Your home is one of your most important assets, and with a substantial portion of your monthly income going towards your mortgage, it makes good sense to protect it. MRTA ensures that if something happens to you, your mortgage loan is repaid and your home is protected.

How MRTA works for you ..

Your benefits

  • Lump sum repayment to your mortgage loan in case of death or total and permanent
    disability due to natural cause, illness and accident
  • Its coverage is 24 hours worldwide
  • Mortgage life's premium could be financed by bank as part of the Home Loan
  • Approximately 20% discount on the premium for joint life application if your home is jointly
    owned by your spouse or immediate next of kin
  • Underwritten by the Prudential Assurance Malaysia Berhad, a member of the Prudential
    Corporation, one of the largest financial institution in the world with asset of over US$400 billion in funds under management.

           Main Types of Insurance Plans

For more information about Standard Chartered's loan products:

Call us direct at 1300 880 388
Drop us a note at mortgage.direct@my.standardchartered.com
Locate a branch near you

*Terms and conditions apply. The Bank reserves the right to amend the facilities, and terms and conditions without notice.

For more information on the choices available

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