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Taking a home loan is stressful enough on its own but banks go out of their way to make it even harder. Most banks require you to have life insurance to take a home loan since the risk of non-payment due to death.
If you are someone without a life insurance policy, they will try to have you purchase one through them by offering discounts on premiums and also offering to add it to your home loan.
However, these premiums that are added to your home loan are charged with interest on top of them making them more expensive in the long run.
Don’t be blinded by discounts and rather get a term insurance online where the premiums would be much cheaper when compared to taking it through the bank.