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Air insurance available at post offices
27/4/2005 16:08

Jane Chen / Shanghai Daily news

Air passengers in Shanghai can now buy air insurance policies at more than 400 local post offices, another result of the insurance industry's sales channel expansion campaign this year, today's Shanghai Morning Post reported.
The Tai Pin Insurance Co Ltd introduced the new sales network for air insurance yesterday, following its previous launch of another sales platform on mobile phones.
The new sales network, easier for buyers to access, is cheaper and more efficient than the traditional air insurance sales outlets at airports and travel agencies, according to a Tai Pin Insurance official as quoted in the Shanghai Morning Post report.
"Transport accident insurance policies are sold at lower prices at post offices because the commissions charged by post offices are lower," he noted.
In fact, it's not the first time for insurers to use post offices to expand their sales networks.
Earlier this year, PICC Life Co Ltd used post offices to sell its insurance post cards on a trial basis and China Pacific Life Insurance (Group) Co Ltd has sold a domestic helper insurance policy and a dividend-sharing insurance policy through the postal network.