TPL Life Insurance launches Pakistan’s first auto dealership distribution model for a term life Takaful cover!

TPL Life Insurance (Window Takaful Operations) (TPLL), Pakistan’s 1st InsurTech enterprise in the innovative insurance business, has launched “Fortune Shield” – a Term Life Takaful Plan for distribution through the Auto Dealerships – a Pakistan’s First.

Following the launch, customers can now avail of “Fortune Shield” from all main Auto Dealerships of Karachi. This will be expanded to other parts of the country within this year to ensure availability for all Pakistanis. Customers will have access to a financial ambit through the Auto Dealerships, whereby they will be able to provide a financial security ambit for their beloved families in case of an unforeseen event. By availing this coverage, customers will also have access to TPLL’s Telehealth platform, enabling customers to have access to PMD Certified General Physicians, Specialists, Medicines, Lab Tests & Doctor’s at home, and a host of other features through TPLL’s Mobile Application.

The event was attended by Senior Members of TPL Corp & TPL Life and the city’s top dealerships comprising 3S & Non-3S dealers.

This partnership is in line with TPLL’s strategy to evolve as a dominant player by exploring profitable niches through the deployment of cutting-edge technology. With disruption at its core, TPLL continues to invest in platforms that will grow its reach & Insurtech persona within the country.

Commenting on the occasion, Saad Nissar, Executive Director, TPL Corp, who has been the pioneer in setting up this model in Pakistan earlier in the years said, “Auto Dealerships has always been a strong proponent of TPL Corp’s philosophy of executing innovative models and products, and have always supported and facilitated TPL Corp’s businesses to grow & be a success. We are certain that the dealership fraternity will support TPL Corp yet again to ensure that TPLL’s product is also a success, just like how TPL Insurance & TPL Trakker have been through this distribution model.”

Faisal Abbasi, CEO TPL Life, said, “This launch and collaboration will further cement TPL Life’s vision & mission of introducing the most innovative, unique and advanced products & distribution models for the people of Pakistan to increase penetration within the country and to further disrupt the sector. We look forward to scaling this distribution model by continuing to offer low price & high-value products for our customers.”

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