TPL Life

TPL Life Insurance Limited is an app-native life and health insurance carrier based in Karachi, Pakistan, offering individual and group insurance products to over 1.3 million customers nationwide. A subsidiary of TPL Corp Limited (~93% ownership), the company was founded in 2008 and expanded its market footprint through a merger with Dar-Es-Salaam in November 2023. TPL Life distributes through a network of 15+ banking, fintech, and digital partners and positions itself as one of Pakistan's technology-driven life and health insurance providers.

The company delivers a fully digital customer journey -- from policy purchase to claims processing -- via the TPL Sahulat mobile app (available on iOS and Android). It offers individual health plans, unit-linked savings products, group life insurance, Takaful (Islamic insurance), and specialty coverages including women-specific and dental plans. In 2026, TPL Life launched an industry-first Buy Now, Pay Later (BNPL) insurance option allowing customers to pay premiums in interest-free installments of 3 or 6 months. The Muavin digital insurance education platform has attracted 100,000+ signups and over 141,200 app downloads.

Financially, TPL Life reported gross written premium of PKR 5.7 billion and 277,000+ policies issued as of December 31, 2025. The company trades on the Pakistan Stock Exchange under the ticker TPLL. In April 2026, the Competition Commission of Pakistan approved its acquisition by Jazz International Holding Limited (a subsidiary of VEON Ltd) in a transaction valued at approximately PKR 4.15 billion (USD 14.6 million); the deal was expected to close mid-2026.