A friend bought a property recently and instead of buying the MRTA as normal, which I’m told some banks don’t even need anymore, they took out a mortgage life insurance pledged against the property. This way, at the end of it all, they’ll still have an insurance even if they have settled up the property price. I think that’s how it works. I never understood this insurance thing. Mom’s despairing of me because then I can’t take over her business