SingPost to offer financial planning services and products at its branches
Postal services provider Singapore Post is continuing its diversification into financial products and services.
SingPost has just signed an agreement to establish an exclusive life insurance distribution partnership with UK insurance giant Prudential.
The new service “Care for Life” will sell affordable and comprehensive life insurance policies.
For a start, full-time financial consultants from Prudential will be stationed at 10 designated post offices.
Eventually, the service will be expanded to every post office around the island.
Post offices receive more than 20 million customer visits annually and SingPost sees this as an opportunity to enhance the lifestyle and well-being of their customers and shareholders. – CNA
