Top 5 Benefits Of Taking Life Insurance On Muthoot FinCorp ONE
Life Insurance is a vital financial tool that provides security and peace of mind to you and your family. At Muthoot FinCorp ONE we stand out as a reliable platform offering comprehensive Life Insurance solutions.
Let's look into the top 5 benefits of applying for your Life Insurance through Muthoot FinCorp ONE:
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Financial Security for Your Loved Ones: The primary benefit of Life Insurance is ensuring financial stability for your family in case of your untimely demise. Muthoot FinCorp ONE offers substantial sum assured as a death benefit, providing a financial cushion to your loved ones during challenging times.
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Investment Opportunities with ULIPs: We provide Unit-Linked Investment Plans (ULIPs), merging insurance coverage with investment opportunities. These plans offer attractive returns on premiums invested, serving as a robust wealth creation tool for you as policyholders.
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Tax Benefits: Taking Life Insurance from us offers tax-saving benefits under Section 80C of the Indian Income Tax Act, 1961. Premium payments up to Rs 1.5 lakh annually are exempt from tax, along with tax benefits on death and maturity proceeds, subject to section 10 (10D)*.
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Ease of Application and Customer Support: Applying for Life Insurance on Muthoot FinCorp ONE is a seamless process. With just a few clicks on the app, you can initiate your insurance journey. Moreover, our customer support team ensures a smooth experience, guiding you through every step of the process.
How to Apply for Life Insurance on Muthoot FinCorp ONE:
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Download the Muthoot FinCorp ONE app.
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Navigate to the Life Insurance section on the home page.
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Fill in the required details and select your purchase type.
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Submit your request/interest.
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Await a call from Muthoot FinCorp Ltd. branch to complete the remaining formalities.
Securing a Life Insurance offers a multitude of benefits, ranging from financial security for your family to investment opportunities and tax savings. With a hassle-free application process and robust customer support, Muthoot FinCorp ONE stands as a reliable partner in safeguarding your future financial well-being. Take the proactive step today to ensure a secure tomorrow for you and your loved ones.
About Muthoot FinCorp ONE
Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.
As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.
Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.
So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.
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