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

Nationwide unveils affordability boost for remortgage customers

Nationwide Building Society has introduced enhanced affordability criteria for remortgage customers taking out a...

UTB funds £2.8m residential deal for Oast Investments

United Trust Bank’s structured property finance division has completed a £2.8m residential investment loan...

Why every mortgage client needs a will and how brokers can help protect homes from fraud

With Financial Awareness Day on 14 August Royal London is warning that too many...

VPN loopholes could let fraudsters slip through mortgage checks

The UK’s new Online Safety Act has triggered a boom in VPN usage that...

The Vernon launches summer drive to improve financial skills in young people

Vernon Building Society has marked International Youth Day with the launch of a six-week...

Latest publication

Latest opinions

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Other news

Nationwide unveils affordability boost for remortgage customers

Nationwide Building Society has introduced enhanced affordability criteria for remortgage customers taking out a...

UTB funds £2.8m residential deal for Oast Investments

United Trust Bank’s structured property finance division has completed a £2.8m residential investment loan...

Why every mortgage client needs a will and how brokers can help protect homes from fraud

With Financial Awareness Day on 14 August Royal London is warning that too many...