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Seven-Eleven to sell life insurance in Japan

Tie-up with MS&AD enables sales of contracts without face-to-face contact

Seven-Eleven Japan will be the first convenience store chain in the country to sell life insurances.    © Reuters

TOKYO -- Convenience store chain Seven-Eleven Japan is partnering with insurance company MS&AD Insurance Group Holdings to sell life insurance, allowing the insurance company to avoid face-to-face sales amid fear of coronavirus.

Customers will be able to register the necessary information through multi-function machines in Seven-Eleven's 20,000 stores. The application process is complete once they pay the insurance fee at the cashier. Customers will also be able to do part of the process through their smartphones or PCs. 

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