Asked by Jackson Leong
Hi!
If one doesn't buy any housing insurance in Malaysia, what happens when the person passes? Bank will issue letter to family member to inform on their outstanding loan amount being transferred to under their account? The family member will be required to pay the loan as per usual remaining tenure or how?
Thank you.
If one doesn't buy any housing insurance in Malaysia, what happens when the person passes? Bank will issue letter to family member to inform on their outstanding loan amount being transferred to under their account? The family member will be required to pay the loan as per usual remaining tenure or how?
Thank you.
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