Your home loan is likely your biggest debt. See how each protection type covers it — and where the gaps are.
MRTA coverage reduces along a fixed assumed rate. If your actual loan rate is higher, your real balance reduces slower than the coverage — leaving a gap.
The red area between the lines is your protection gap — the portion of your loan MRTA would not cover if your actual rate outpaces the assumed rate.
MLTA coverage stays fixed at the full amount. As your loan reduces, the surplus goes to your family — not just the bank.
The green area is money your family keeps after the loan is settled. MLTA costs more than MRTA, but doubles as life insurance with cash value.
Leave your details and Annabel will send you a personalised MRTA vs MLTA comparison for your actual loan.
Please enter your name.
Please enter a valid email.
Please enter your phone number.
Get a personalised recommendation — no pressure, no jargon. Annabel will walk you through exactly what fits your life and budget.