Personal Loan Reducing Term Assurance (PLRTA)
Ensuring Your Financial Responsibilities Are Yours, Not Your Loved Ones'.
Never pass on any financial burdens to your loved ones. This plan pays off your outstanding loan should anything happen to you.
This is a Life insurance product.
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You and your family can endure these tough times with Personal Loan Reducing Term Assurance.
Key Features
Personal Loan Reducing Term Assurance Highlights:
- It pays off the outstanding loan amount in the event of death or Total and Permanent Disability (TPD).
- A single premium covers the entire loan term.
The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (“TIPS”) brochure or contact Manulife Insurance Berhad or PIDM (visit www.pidm.gov.my).
DISCLAIMER FOR BANCASSURANCE PRODUCTS
Before purchasing the insurance policy, you are advised to refer to the terms and conditions in the Product Brochure, Product Disclosure Sheet and Product Illustration for details of the important features and major exclusions of the insurance plan.
This insurance product is underwritten by Manulife Insurance Berhad (200801013654 (814942-M)), a licensed insurance company regulated by Bank Negara Malaysia and is distributed by Alliance Bank Malaysia Berhad (“Bank”) (198201008390 (88103-W)). The Bank accepts no responsibility or liability for the plan or the products and services offered by Manulife Insurance Berhad.
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