Aviva and Tesco agree protection deal

Published on

Aviva

Aviva has agreed an exclusive five-year deal with Tesco Bank to provide life protection products for its UK retail customers.

The agreement, which will begin later this year, will cover the sale of Aviva’s core protection products, including life insurance and critical illness cover.

These products will be available online via Tesco Bank or over the telephone. Customers will also be able to obtain information through some of Tesco’s 2,900 stores.

Aviva already provides a private medical insurance scheme for Tesco’s employees.

“Partnering with one of the UK’s leading life protection providers will bring benefits to our customers offering them a range of straightforward and good value products that we believe will give customers the reassurance they look for in life products,” said Julie Hopes, managing director, insurance at Tesco Bank.

“This is a fantastic opportunity for two household names to deliver a real benefit for millions of people across the UK who have no family protection in place,’ added David Barral, CEO, Aviva, UK and Ireland Life. “Together we can provide Tesco’s customers with peace of mind, offering a quick and easy way to purchase a range of protection products to suit their individual needs.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

1 COMMENT

Comments are closed.

Latest articles

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of COâ‚‚

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...

HTB provides £20m+ facility for land portfolio refinancing

Hampshire Trust Bank has completed a development finance facility in excess of £20m to...

Davisons Law joins conveybuddy panel

Conveyancing distributor conveybuddy has announced that West Midlands-based Davisons Law has joined its panel...

Latest opinions

A home shouldn’t be out of reach for those who keep the UK running

In a housing market that has grown steadily more selective, it is often those...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Maximising embedded value and delivering a great service

While advisers understand the importance of looking after existing clients, nurturing your back book...

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Other news

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of COâ‚‚

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...