comparethemarket.com Launches New Speed Rating Feature For Life Insurance Comparisons

LONDON, April 23, 2012 /PRNewswire/ --

comparethemarket.com, one of the UK's leading price comparison websites, has launched a new 'speed rating' feature for its life insurance service, allowing customers to see at a glance how quickly individual insurers can set up a policy.

The innovative feature is a first for the life insurance comparison sector, giving more information to the customer and allowing them to make an informed choice. The speed rating assigns each insurer a rating between 1 and 5, with 5 being the fastest, so that customers can review how quickly each given insurer can get a policy set up after they've received the life insurance application.

Andrew Stocks, Director at comparethemarket.com said: "At comparethemarket.com, we understand that speed of policy set up can be very important to some of our life insurance customers. With our new speed ratings, we're putting customers in control and giving them the information they need, helping them to find the right insurer and policy that best suits their needs."

Specialising in more than just life insurance, comparethemarket.com provides customers with an easy way to find the right deal on a wide range of insurance and financial products including car insurance, home insurance, van insurance, bike insurance, pet insurance, credit cards and loans.  It also offers comparisons for a range of household utilities including electricity, gas, phone, broadband and digital TV.

About comparethemarket.com

• comparethemarket.com was launched in 2006 and has grown rapidly over the past six years to become one of the UK's leading price comparison websites.  
• comparethemarket.com provides customers with an easy way to make the right choice for them on a wide range of products including motor, home, life, travel and pet insurance as well as utilities and money products such as, credit cards and loans.
• comparethemarket.com actively selects its brand partners, working with the best and most trusted organisations to ensure quality service to consumers.

comparethemarket.com is a trading name of BISL Limited.  BISL Limited is authorised and regulated by the Financial Services Authority.

Registered Address: Pegasus House, Bakewell Road, Orton Southgate, Peterborough, PE2 6YS. Registered in England number 3231094.

SOURCE comparethemarket.com