TPL Life Insurance is a Public Limited Company and has a group of highly trained professionals dedicated to creating and distributing solid client-focused financial solutions. The company is at the forefront of technological innovations and is reputed for its impeccable customer service.  

Best Insurance Plans Guaranteed

Great endowment - life insurance

Fastest Digital Insurance

3-Minutes processing to get you insured.

Whole Life Insurance

Great Tax Benefits

Enjoy high tax cuts across the board with TPL’s insurance coverage.

Fast Claims

Best Medical and Health Coverage

Get full health coverage with report pickups and house calls from doctors.

Online Portal

Mobile App Integration

Control and monitor your insurance account through your phone.

Withdrawal Plans

24/7 Customer Support

Receive all the support you need with 24/7 access to our customer service department.

Additional Riders

Group Life Insurance Plans

Multiple plans from investment schemes to critical illness covers and salary continuation.

Ultimate Coverage Plans

whole life plans

Flexible Savings Options

Choose between savings and investment components for your plans.

High Unit Allocations

Upto 80% allocation towards your fund in the first year itself.

Death Coverage

Comprehensive death coverage so you leave a healthy, thriving and financially protected family behind.

High-Value Single-Payment Plans

Shortest Possible Terms

Single payment plan with term maturity beginning at year 1.

100% Allocation

100% of your premium is allocated to your fund (zero admin charges). 

Multiple Funds

Easily switch between multiple funds without paying an extra cost.

Life Insurance Family

Group Life Plans

Life insurance

Salary Continuation Plans

Full salary coverage for employees in case of any misfortune.

Claim Via WhatsApp

Make a claim through TPL’s Whatsapp claim service.

High-Return Investment Options

Get solid returns and choose between multiple funds to diversify your investment portfolio and minimize risk.

How Do TPL Life’s Policies Work?

TPL Life Insurance uses two different methods. One is the universal endowment fund method explained here

The other is the unit-link methods to calculate and divide your returns. This means your premium is allocated to an investment fund. Every time you pay a premium, the company buys ‘units’ in an investment fund of your choosing and these units keep on accumulating until your policy matures. 

Here’s how it works.


The company collects all your data (including assets, health score, income bracket, loans, medical history, etc) and assigns you a protection multiple to take out the minimum yearly premium you need to pay to get your sum assured.


Once you start paying the premiums the company deducts commission, administration and unit allocation charges and invests the rest of your money into the investment fund by buying units.


With each passing year, your cash value (the networth of your investments) accumulates and your policy becomes even more profitable.


Your policy reaches a certain number of years. Now your policy is maturing, and accumulating additional bonuses based on the age of the policy. The older it grows, the more profitable it becomes.


For policies that come with surrender value, you can choose to withdraw your sum assured after x number of years (generally 2-3+ years). In case your cash value has exceeded your sum assured, you can sell all the units you brought over the years through the policy and claim your cash value.


Congratulations! Your policy has now matured. Once you’ve successfully reached the end of your policy you’re ready to reap the benefits. You can now claim a string of completion bonuses and the sum assured you were guaranteed or the cash value you’ve accumulated (if your cash value is more than the sum assured).

Available Benefits with these policies

  • Waiver of premium: this means if you suffer a disability during the tenure of your policy and have lost your source of income, the company will pay your premiums until the policy matures or until you reach a certain age. 
  • Death Benefit: If you die in the middle of your policy, or in certain cases after it ends, your beneficiaries will receive a certain sum assured. 
  • Inflation Safety: Your premium and sum assured amounts are increased every year to combat inflation. 
  • Withdrawals: You can also withdraw money from your funds. Usually, the companies set a limit of the amount and the times you can withdraw the amount. These withdrawals also reduce your cash value back.
  • Surrender Value: You can quit investing in your premium/policies after having paid your premiums for 3 or 3+ years (can vary from company to company), get an evaluation of your cash value worth and then get the money if you don’t feel like proceeding, need the money urgently or do not have enough money to pay your premiums anymore.