Ageas Federal Life Insurance Partners with Muthoot Microfin to Expand Financial Inclusion Across India

Lucknow | 10th November 2025: Ageas Federal Life Insurance partners with Muthoot Microfin in a new alliance to make life insurance more accessible across India. The partnership focuses on small entrepreneurs, self-employed individuals, and SMEs. Together, both institutions aim to strengthen financial inclusion and build long-term security for millions.

Empowering Rural and Semi-Urban India

Muthoot Microfin Ltd. operates nearly 78% of its branches in non-metro areas. This allows Ageas Federal Life Insurance to reach underserved markets faster and bridge India’s wide protection gap.
Customers can now access insurance alongside existing financial products such as home loans, business loans, and SME credit. The tie-up creates a single platform that supports both growth and protection.

Building a Protection-Led Financial Ecosystem

Muthoot Microfin has a strong track record of empowering women and small business owners through accessible microfinance. With Ageas Federal Life Insurance joining hands, customers will gain affordable insurance products designed to secure their families and businesses.
The partnership promotes a protection-first financial culture, helping people plan, protect, and prosper with confidence.

Leaders Speak on the Partnership

Muthoot Microfin’s Vision for Empowerment

Mr. Sadaf Sayeed, Managing Director and CEO of Muthoot Microfin Ltd., said:

“We are delighted to collaborate with Ageas Federal Life Insurance to offer holistic protection options to our customers. This partnership lets them combine insurance with our existing services, ensuring long-term financial well-being.”

Ageas Federal’s Commitment to ‘Insurance for All’

Mr. Jude Gomes, Managing Director and CEO of Ageas Federal Life Insurance, added:

“Our alliance with Muthoot Microfin strengthens our effort to make insurance simple and accessible. We aim to support the regulator’s goal of ‘Insurance for All by 2047’ and reach emerging markets through innovation and digital tools.”

Digital Reach and Doorstep Access

India’s growing entrepreneurial ecosystem needs easy access to financial protection. Through this partnership, both organizations bring insurance to customers’ doorsteps, especially in smaller towns and rural areas.
By combining Ageas Federal Life Insurance’s expertise with Muthoot Microfin’s deep network, the initiative ensures convenience, affordability, and trust for every customer.

A Step Towards a Secure and Inclusive Future

The partnership between Ageas Federal Life Insurance and Muthoot Microfin goes beyond distribution. It represents a joint mission to deliver protection to those who need it most. With customer-focused services and digital innovation, both companies are redefining financial security in India.

Key Highlights

• Focus: Expanding life insurance access through Muthoot Microfin’s rural and semi-urban branches.
• Customer Benefits: Integrated loans and insurance for comprehensive protection.
• Goal: Support India’s Insurance for All by 2047 vision.
• Impact: Strengthening financial inclusion for women, entrepreneurs, and rural families.

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