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Life Insurance

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    Buy a life insurance plan to protect your family’s future

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    Access best‑in‑class traditional and savings-oriented plans

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    Simple and quick claims support

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    Policies designed for long‑term savings and financial security

*T&C Apply

LIFE insurance from MFL

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Types of Life Insurance Policies

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Term Life

The plans provide high cover at low price and offers financial security to your family in case of an eventuality.

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Money back plans

These plans provide for periodic payments (portion of sum assured), during its tenure as survival benefits, to policyholder.

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Growth Term Life

All members are covered under a single master policy. Each member gets all the benefits of the insurance plans

How to Apply for Life Insurance with Muthoot FinCorp?

We’ve made applying for a life insurance policy simple and quick. When you choose Muthoot FinCorp, our team guides you through the entire process—right from understanding the available plans to helping you complete the required documents. You can also visit any Muthoot FinCorp branch for assistance in selecting and applying for the right policy.

Features and Benefits of Life Insurance Policy

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Tax benefits and Income generation

  • Life insurance in India enjoys tax exemptions. Premiums up to Rs 1,50,000 are exempt from Income tax under Section 80C. The returns from life insurance companies are exempt from tax under section 10 10 D. You can buy a pension plan and be secure after retirement. You can also avail a loan against the policy when you need money in a pinch.

    Taxation Differs and T&Cs apply*

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Liabilities are offset

  • The insured individual offsets liabilities by investing in a life insurance policy and thus ensures that any debts or liabilities of the insured are not passed on to the next of kin.

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Protects the family’s future

  • A good insurance cover mitigates stress about the uncertain future and protects the interests of the family. . The insurance money can help a family meet everyday expenses or to invest in a business, education or wedding.

Why Choose Muthoot FinCorp

Would You like Any Assistance?

To know more about the application fee and processing charges, call us at
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Other Services

*T&C Apply