Belgian insurer Ageas Insurance has entered into a five-year partnership with Post Office Insurance.
The partnership will offer a range of home insurance products to new and existing customers of Post Office.
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Ageas Insurance chief customer officer Ant Middle said: “Post Office Insurance is a well-known brand and we’re proud to be chosen as its trusted partner to continue to deliver its home insurance proposition.
“The teams on both sides have worked tremendously hard to create a fresh portfolio of products that make home insurance easy for Post Office customers.”
The Belgian insurer said that the new insurance products offer three levels of cover; Gold, Silver, and Bronze.
The covers are supported by a data-driven, reduced question set, and a clear policy wording.
The gold product gives policyholders about £1m of buildings cover and £100,000 of contents cover with some enhanced insurance benefits.
Silver offers the same buildings cover along with £80,000 of contents cover.
Bronze offers about £750,000 of buildings cover and about £50,000 of contents cover.
The three cover levels also include access to a Legal Helplines Service which will give advice for dealing with a variety of topics.
The Belgian insurer added that customers can choose two more products for extra cover, Home Emergency and Family Legal Protection.
Apart from the core home insurance product underwritten by Ageas Insurance, Post Office is said to partner with various businesses to support its customers.
Its partners include Premium Credit, which will offer the premium finance offering to post office’s customers.
FirstSource will provide a new dedicated contact centre.
DAS UK for underwriting and servicing refreshed ancillary products with improved cover levels.
Post Office Insurance managing director Ed Dutton said: “We have a close and enduring partnership with Ageas built up over many years and so we knew they were the people who could make insurance easy for our customers.
“For us this isn’t just a new range of products it’s a completely different approach as we’ve now got an Ageas trained in-house team to deliver our customer sales and service.”
