The Shanghai branch of China Life Insurance (Group) Company has signed cooperation agreement with Kedi and Alldays convenience stores for the sale of accident insurance in Shanghai.
With the cooperation, the 1,420 Kedi and Alldays convenience stores in Shanghai will sell China Life Insurance's five insurance products, including travel accident insurance and traffic accident insurance, via activation cards.
According to a representative from Shanghai branch of China Life Insurance, the five products currently available in convenience stores have good features like clear insurance responsibilities, low prices, and large insured sums. These insurance products are sold in the form of activation cards, which can be activated via the Internet, short message, or phone calls, making the purchase process easy and convenient.
The representative also revealed that if the cooperation goes smoothly, the company will launch more products to provide more complete services to customers. In the future, customers will not only be able to buy insurance products from convenience stores, they can also pay the renewal fees in convenience stores.
Kedi and Alldays are both convenience store brands owned by Shanghai Nonggongshang Supermarket Group.