AIA Mortgage Insurance

Home » AIA Mortgage Insurance

AIA Mortgage Reducing Term Assurance (MRTA) 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.

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.

As Independent Financial Consultants, we provide insurance plans from most of insurance companies. We list several popular mortgage insurance plans from different insurance company for your comparison as below:

If you feel difficult to find a trusty and professional financial consultant, or if you need an independent financial consultant for unbiased advice. We can recommend a trusty financial consultant to discuss your insurance needs FREE of Charge, please fill the online form in Contact Us now. Our recommended financial consultant will contact you to make you understand how to choose suitable insurance to meet your needs.