Norwich Union has a new distribution deal with Post Office Financial Services. The relationship will see exclusive Post Office-branded Norwich Union protection products available for the millions of customers who use the Post Office every week.
Products will be available to purchase direct either over the phone or via the Post Office website Information will be available at all 14,000 Post Office branches1 across the UK.
A 50-plus life insurance plan is the first product to launch.
Post Office Over 50's Life Cover offers simple, affordable life insurance for the over 50s without the need for underwriting.
A further life protection product will be launched later in the year.
David Barral, Norwich Union director says: "We are delighted to announce our latest partnership, which builds on our existing relationship as the Post Office's lead insurance provider of personal motor, home and commercial vehicle insurance. "
Post Office director of insurance Phil Ashkuri says: "The Post Office has already attracted well over half a million insurance customers and this new launch builds on our existing range, which now includes travel and a payment protection policy - Lifestyle Protection. As with all our financial services products, our new over-50s life plan offers a simple and straightforward solution at value for money prices."