The Post Office has scooped the 'Best Life Insurance Provider' award at the Your Money Direct Awards for 2008. The 'Best Online Life Insurance Provider' award went to Liverpool Victoria.
The awards, which are run by Your Money Magazine annually, aim to recognise and reward excellence in both online and direct financial services provision.
The Post Office launched it's term and mortgage life cover policies together with an over 50's plan in 2007 with premiums starting from just £5 per month.
Commenting at the time of the launch, Post Office director of insurance Phil Ashkuri said: "In line with our other financial services products, our new life insurance launch offers simplified insurance that fits our customers needs. We know that people buy life insurance at key stages in their lives, such as buying a home, getting married or having a child, which is why we want to make the process easy to understand and convenient."