AIA Mortgage Reducing Term Assurance

You've come a long way and now you're at a personal milestone. You've taken out a housing loan and purchased the home of your dreams.

All that hard work has paid off, and you're now living the life you planned for.

But as you know, there are some things you can't anticipate. It's always good to hope for the best, but be prepared for the unexpected.

Let AIA show you the way with AIA Mortgage Reducing Term Assurance (MRTA).

This thoughtful plan protects your loved ones and ensures that your housing loan will be fully paid for by AIA in the event of unforeseen and unfortunate circumstances.

What We Provide
Peace of Mind

In the unfortunate event of death, disability or terminal illness, AIA MRTA will guarantee repayment of your outstanding housing loan.

Easy Payment Options

You may pay your premium annually, semi-annually, quarterly or even monthly. It's that flexible.

Utmost Coverage for a Shorter Premium Period

Pay premiums for only 75% of your entire home loan tenure. For example, if you've undertaken a 30-year home loan, you need to pay premiums for only 22 years. That gives you 8 years of free coverage.

Portable Coverage

What if you decide to sell your property? Or what if you fully redeem your loan? Good news! Your remaining AIA MRTA coverage can be used for a new mortgage loan.

Medical Examination - Free!

Your medical examination (if required) is fully paid for by AIA.

Other Benefits

• Worldwide coverage can be provided up to age 75
• Covers the loan tenure between 5 to 30 years
• Benefits payable in addition to other life insurance

Who Is Eligible?
AIA MRTA covers individual lives only based on a mortgage loan on a residential property.

How's your financial health?
Take the AIA Financial Health Check today!

Important Notes:

The above is a simplified description of the product features. This is not a contract of insurance. The precise terms and conditions of the policy, including exclusions whereby the benefits under your policy may not be paid out, are specified in the policy contract. You are advised to read the policy contract.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.

This insurance plan is underwritten by AIA Singapore Private Limited (AIA). All insurance applications are subject to AIA’s underwriting and acceptance.

The information is correct as at 19 July 2011.