HOW TO HOW TO

PAY OFF PAY OFF

YOUR YOUR
MORTGAGE MORTGAGE
WITH WITH
LIFE LIFE
INSURANCE INSURANCE MORTGAGE REDEMPTION
INSURANCE

WHAT IS MORTGAGE REDEMPTION INSURANCE? WHAT IS MORTGAGE REDEMPTION INSURANCE?

Mortgage Redemption Insurance (MRI) is a mandatory Mortgage Redemption Insurance (MRI) is a mandatory
life insurance policy that pays off your mortgage life insurance policy that pays off your mortgage
loan balance in the event of your death loan balance in the event of your death
or total & permanent disability. or total & permanent disability.

WHY GET MORTGAGE REDEMPTION INSURANCE?
Having an MRI means your family is safe from the
financial burden of paying off your remaining loans and
taxes when you die or become permanently disabled.
It is also your safety net to protect your home
from foreclosure.
WHY GET MORTGAGE REDEMPTION INSURANCE?
Having an MRI means your family is safe from the
financial burden of paying off your remaining loans and
taxes when you die or become permanently disabled.
It is also your safety net to protect your home
from foreclosure.

INQUIRE & APPLY! GET A QUOTATION TODAY

Rochelle Faith Malafu Rochelle Faith Malafu
Insurance Advisor Insurance Advisor
AIA Philippines & Medicard AIA Philippines & Medicard
0926 901 3898 0926 901 3898
WHERE TO GET MORTGAGE REDEMPTION INSURANCE? WHERE TO GET MORTGAGE REDEMPTION INSURANCE?
MRI can be bought through the bank or loan provider MRI can be bought through the bank or loan provider
when you apply for a mortgage loan. when you apply for a mortgage loan.

Alternatively, you can use your existing or personal
life insurance as your MRI and assign your loan
provider as the beneficiary.
Personal Life Insurance can be availed through a
licensed insurance advisor (contact details below)
Alternatively, you can use your existing or personal
life insurance as your MRI and assign your loan
provider as the beneficiary.
Personal Life Insurance can be availed through a
licensed insurance advisor (contact details below)

PERSONAL MORTGAGE REDEMPTION PERSONAL MORTGAGE REDEMPTION

LIFE INSURANCE INSURANCE LIFE INSURANCE INSURANCE
Can be used as MRI, then be reassigned Only covers your mortgage and goes Can be used as MRI, then be reassigned Only covers your mortgage and goes
to your family as beneficiaries when to your lender. No money goes to your to your family as beneficiaries when to your lender. No money goes to your
mortgage is paid off family or other beneficiaries mortgage is paid off family or other beneficiaries

The insurance benefit stays the same or The insurance benefit decreases as The insurance benefit stays the same or The insurance benefit decreases as
may even increase with cash value your mortgage balance decreases may even increase with cash value your mortgage balance decreases
over the years over the years over the years over the years

It can cover other needs more than just
your mortgage, such as:
Accident & Illness Insurance
Disability benefit
Education Fund Payout
Retirement Fund Payout
Covers solely your mortgage balance
It can cover other needs more than just Covers solely your mortgage balance
your mortgage, such as:
Accident & Illness Insurance
Disability benefit
Education Fund Payout
Retirement Fund Payout

THE PRICE OF YOUR INSURANCE PREMIUMS… THE PRICE OF YOUR INSURANCE PREMIUMS…
depends on your Loan Amount, your Age, your Health depends on your Loan Amount, your Age, your Health
Status, your Occupational Risks, and the plan benefits Status, your Occupational Risks, and the plan benefits
you wish to avail. you wish to avail.

GET A QUOTATION TODAY GET A QUOTATION TODAY

Rochelle Faith Malafu Rochelle Faith Malafu
Insurance Advisor Insurance Advisor
AIA Philippines & Medicard AIA Philippines & Medicard
0926 901 3898 0926 901 3898