THE HI-TECH INVESTOR: Life cover made easy on the net
Sunday 08 August 1999
Direct Life and Pension Services and Life Search are two companies specialising in low-cost life cover; both now offer quotes over the internet.
Direct Life and Pension Services is a firm of independent financial advisers, and offers a range of policies, including standard life assurance or term assurance, endowments and critical illness cover.
The site is simple, with no elaborate graphics. Obtaining a quote means filling in two forms, one with relevant details such as age and the policy term, the other with personal information such as the applicant's name and address. The system promises "indicative" quotes in less than a minute, although these are not binding without filling in the conventional paperwork.
Direct Life and Pension Services says that it is an execution-only service, and it offers no advice. There is, however, a free phone line for people who prefer to ask a human operator for quotes, rather than use the net.
Life Search has a different approach. The company specialises in life policies and closely related products such as critical illness cover. It also gives advice, even to customers who approach it on the internet.
Life Search does this by eschewing the automatic quote engine in favour of an e-mail based system. This takes longer, but the company claims it can normally send quotes back within a day.
Applicants still fill in a form on the website, but this goes to the screen of a human expert who replies with a quote, and some advice notes. The company says that clients often ring to take out their policies rather than use the net.
Life Search promises to beat cheaper quotes, including prices from insurers that sell policies directly. It has also designed a site that is simpler and more attractive than those run by most insurance companies. The layout and graphics are reminiscent of a 1950s airline brochure, but the effect is pleasant enough and, importantly, quick to load.
Both sites are well worth a visit: shopping around for life assurance is an easy way to save money.
n Life Search: www.life-search.co.uk; Direct Life and Pension Service: www.lifequote.co.uk
A RATHER more upbeat form of cover is on offer on the net from Preferential Insurance. The travel cover specialist now offers online quotes for its annual insurance over the internet.
It offers online purchasing, with immediate cover for people who pay online. The company has a number of specialist policies, such as World Trekker insurance for young travellers who are away for extended periods, and cover for weddings.
n Preferential: www.preferential.co.uk
More net freebies
INTERACTIVE INVESTOR, the financial website, is the latest company to offer free internet access. The service, iii-world, comes with local-rate internet access calls, 10mb of personal webspace, an e-mail to fax gateway and member-only investor information.
The new service uses two telecoms companies, MCI WorldCom and Cable and Wireless, which Interactive Investor hopes will make the service highly reliable.
Unlike some other free internet services, iii-world's telephone support calls are charged at local rates.
n Interactive Investor: www.iii.co.uk; iii-world: http://register.iii- world.com/
n Stephen Pritchard can be contacted at: Hifirstname.lastname@example.org
- 1 Revolutionary lost Caravaggio painting 'Mary Magdalen in Ecstasy' identified
- 2 McKamey Manor: This 'extreme' haunted house is the stuff of nightmares
- 3 Russell Brand says he will 'probably' give up acting to focus on his revolution
- 4 Watch what happened when food critics were unknowingly served McDonald's
- 5 David Beckham's Haig Club whisky is exactly what’s wrong with the Highlands
Putin accuses US of causing global instability
Eleven members of same family hospitalised after eating deadly pufferfish
FCKH8: YouTube reinstates provocative anti-sexism video showing young girls swearing
Phone-hacking: The Piers Morgan connection - Mirror admits some stories during Morgan's tenure may have been obtained by illegal means
Russell Brand says he will 'probably' give up acting to focus on his revolution
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Thousands with degenerative conditions classified as 'fit to work in future' – despite no possibility of improvement
Tony Blair 'says Ed Miliband will lose 2015 general election'
Putin: The US is to blame for almost all the world's major conflicts
iJobs Money & Business
£60000 per annum: Ashdown Group: Compensation and Benefits Manager - Compensat...
£30000 - £35000 Per Annum plus excellent benefits: Clearwater People Solutions...
£24000 - £28000 per annum + bonus & benefits: Ashdown Group: IT Business Syste...
£50000 - £90000 per annum + benefits: Ampersand Consulting LLP: Markit EDM (CA...