Tesco, the supermarket giant, will expand its insurance activities by selling life insurance. Although Tesco has previously focused its insurance business on car insurance, it is expected to build up its provision of other types of cover, such as life, home, travel, and pet assurance.
The retail giant is also adding to its banking operations and building up its call centre staff, before an expected move to create a full service retail bank and insurance spin-off.
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Tags: business, Life Insurance, Tesco