TPL Life, a leading insurtech in Pakistan, has partnered with Mobilink Microfinance Bank Ltd. (MMBL), Pakistan’s largest digital bank to launch “Corona Tahaffuz,” an insurance product designed for MMBL’s customers and will be available through the banks’ branches across Pakistan.
Following the collaboration, MMBL customers will have access to comprehensive insurance coverage for themselves and their family, a cash benefit of Rs. 7,500, as well as Rs. 1,500 per day quarantine benefit in-case of a Covid-19 diagnosis.
Corona Tahaffuz will also provide customers financial assistance throughout the period of diagnosis and, at the unfortunate event of fatality due to the virus; a cash benefit of Rs. 50,000 will be provided to the policy holder and/or family members. Speaking on the collaboration, Faisal Abbasi, CEO, TPL Life said.