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How come No members talk about TPD claim on MRTA/MLTA?

TPD in life policy (MRTA/MLTA) will pay when 2 thing happen to insured.
1) Death by all risk.
2) TPD due to loss of two limb. Example: Two hand, One hand one leg, one leg one hand and so on.

Hi Lim,

I guess this topics is kinda technical. However let me see if i can tell you what i known from our previous course when in was with the banks.

TPD (Total Permanant Disability) - will be automatically include in the MRTA or MLTA. As you said it covers: 1) Death by all risk.
2) TPD due to loss of two limb. Example: Two hand, One hand one leg, one leg one hand and so on.

To many people they thought they are fully covered should anything happened to them. But sad to say if this person only lost of one hand, YES only one hand - There's no coverage under the so called MRTA or MLTA. Do read the line clear - MRTA only covers Two hands or Two Legs or One hand and One Leg. Which means if i lost either one hand or one leg, there's no coverage at all!

Therefore its important for house owner to get an extra Personal Accident (PA) Coverage on this point. Many people have the perception that PA is not worth because there's no cash value. But do bear in mind that for as low as RM400 a year, you may cover up to half million coverage. Is't that worth?

Well this is just my humble opinion, there's no right or wrong. well i hope more people will continue this thread.

Regards,
Martin Lau
D'Venture FlexiHomes