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Online Insurance Service to Piggyback on Stabilizing Industry

Posted : Sun, 22 Nov 2009 08:18:10 GMT
Author : PRWeb
Category : Press Release
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A leading Cumbria-based online insurance service is keen to take advantage of the foreseen recovery of the insurance industry, which recently gained a boost with beleaguered insurer AIG reporting its second profitable quarter in a row.

Cumbria, Great Britain (PRWEB) November 22, 2009 -- A leading Cumbria-based online insurance service is keen to take advantage of the foreseen recovery of the insurance industry, which recently gained a boost with beleaguered insurer AIG reporting its second profitable quarter in a row.

theIdol.com, which offers an online comparison service of life insurance protection and travel insurance products, aims to lure recession-wary consumers with "genuine" savings compared to how much they could spend through direct insurers and banks.

"With the low costs involved by using the Internet, [theidol.com] is able to offer genuine savings," said company director Nick Matthews. "Over the years we have invested heavily in leading edge technology in order to give the customer a straightforward, customer friendly on line comparison service that is supported by high levels of customer service."

In the wake of the global recession, consumers have become more circumspect when it comes to purchasing insurance, theIdol.com with their straightforward, simple application process hope to benefit from this.

To illustrate, its full online comparison service thoroughly outlines the price and product features, therefore allowing customers to make an informed choice. Moreover, it makes the process quicker and more efficient, since it can get customers a life insurance quote in less than two minutes, after which they can apply immediately and "in many cases" even get instant approval.

Consumers are also seen to take advantage of the site's premium discounts for life protection products, effectively reducing premiums throughout the term of the policy.

theidol.com also has an online purchase facility that includes full electronic application submission and a telephone underwriting service.

Other than life insurance, this innovative company also covers travel insurance, all the way from comparative quotations to purchase. This include Personal / Family Travel, Annual Travel Insurance, Winter sports and Ski Insurance, Business Travel and Senior Citizens Travel Insurance cover.

theidol.com (www.theidol.com), established toward the end of 1999, is an online personal finance service that offers a technology-driven online comparison service of life insurance protection and travel insurance products. In setting up the service, Director Nick Matthews cited research showing that life insurance was a product that could be compared easily and fairly through the Internet.

Visit its website www.theidol.com for more information.

Contact:

Nick Matthews Director theidol.com www.theidol.com 0844 980 8616

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