The Postal Bank in Israel will begin selling flight insurance in July

Israel Postal Company Ltd. and Mizrach Insurance Agency are expanding their collaboration and plan to begin the sale of flight insurance through branches of the Postal Bank Ltd. in July. The two companies also plan to expand the sale of vehicle insurance from ten post offices to fifty within the coming weeks.

The Postal Company and Mizrach Insurance Agency launched their joint venture in the first quarter of 2008. The pilot program for the sale of vehicle insurance began at two Postal Bank branches and without an advertising campaign. Both companies say that the pilot has been a success. There are reportedly an average of 1,100 leads per month and the number of sales of insurance policies is much higher than predicted.

Israel Postal Company Ltd. and Mizrach Insurance Agency are expanding their collaboration and plan to begin the sale of flight insurance through branches of the Postal Bank Ltd. in July. The two companies also plan to expand the sale of vehicle insurance from ten post offices to fifty within the coming weeks.

The Postal Company and Mizrach Insurance Agency launched their joint venture in the first quarter of 2008. The pilot program for the sale of vehicle insurance began at two Postal Bank branches and without an advertising campaign. Both companies say that the pilot has been a success. There are reportedly an average of 1,100 leads per month and the number of sales of insurance policies is much higher than predicted.