In a major development, Muthoot Finance said it has tied up with Kotak Mahindra General Insurance to offer COVID-19 insurance cover of up to Rs 1 lakh against the gold loan. Muthoot Finance Ayush Gold Loan is an exclusive initiative of Muthoot Group through which they will provide complimentary COVID-19 insurance cover to their eligible customers, it said in a release. This cover, however, will be available only for the customers availing gold loan under the Super Loan scheme, it added.