
Consumer comparison website, PayingTooMuch.com announces it is the first of the top 5 online price comparison sites* to include Scottish Widows for life insurance quotes. This includes ‘Term’ insurance and ‘Whole of Life’ products.
Michael Ward, Managing Director of PayingTooMuch said, “Scottish Widows announced their withdrawal from the intermediary market in November 2007 so after 8 years absence it’s great to have them back.
“In my opinion brand does matter and given that the financial services industry finds consumer trust in short supply it will do no harm at all to have a household name return to our marketplace.”
Johnny Timpson, Financial Protection Technical & Industry Affairs Manager from Scottish Widows commented, “We welcome the opportunity to work with independent intermediaries to improve consumer choice of financial protection provider and aid individuals, families, households and where appropriate, micro businesses and SME’s improve their level of financial resilience and security.”
* PayingTooMuch believes the following to be the top 5 online price comparison sites for life insurance: Moneysupermarket, Confused, Comparethemarket, GoCompare, and PayingTooMuch.