All new customers taking out Tesco Life Insurance will have their policy underwritten by Friends Provident.
The following protection products are available for Tesco customers to purchase either via the Tesco Bank website or over the telephone: Life insurance with level or decreasing cover, life insurance with level or decreasing cover and critical illness cover, critical illness cover and an over 50s plan.
Benny Higgins of Tesco Bank says customers want their life insurance applications to be simple and quick to complete, "The life insurance partnership with Friends Provident has enabled us to provide a new application process that is straightforward and means that customers can get life cover in just 20 minutes. We will continue to listen to what our customers want as we further develop our product range."
Tesco Life Insurance says its application process means customers can get a quote by answering just 10 questions and get cover in 20 minutes by telephone or online.
Life insurance: News update: 5 January 2010