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Fairplay and Crowe launch cash life assurance plan

Fairplay Insurance Services and Crowe Life are launching a life assurance product aimed at people who do not have a bank account.

The life assurance plan can be paid monthly in cash through any Post Office in the UK, as well as annually by cheque or postal order.

Fairplay managing director Chris Jordan says: “There are approximately 4m people in this country who do not have a bank account, it will give the opportunity to these people who now feel excluded to obtain traditional life assurance.”

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