Life Insurance Research

Lifebroker Star Rating Guide

Lifebroker utilises Synaptic's expertise to offer a quick visual comparison of premium combined with 5 star rating. Lifebroker displays products in order of premium per month combined with the corresponding star rating. The star rating is based on the benefits offered by the protection product. With Synaptic's star rating system you can assess whether it is worth paying a little more for something that offers more cover.

Example Quotation:

A male aged 35 (non smoker) requires life & critical illness cover for £100,000 level cover over the next 20 years

PruProtect quote £26.77 per month (guaranteed) and Synaptic rate this product 3.5 stars out of 5.

Friends Provident quote £28.69 per month (guaranteed) and Synaptic rate this product 3 stars out of 5.

(Lifebroker prepared this example on 25.09.2010)

About Synaptic?

"Synaptic tools are widely considered to be the preferred product and fund analysis software for the professional adviser. The first computer based research system and the first wholly online research tools were both innovations created by Synaptic. Synaptic enjoys a loyal user base of thousands of advisers, para-planners and other intermediaries, built up by years of experience."

Synaptic are part of Capita Financial Software (Capita). Capita are a leading player in business process outsourcing (BPO) for the financial services industry.

Capita is one of the best long term performing companies within the FTSE 100. This track record has been built on the central commitment to providing exceptional, service-based outsourcing solutions. Most sectors of the UK economy feature successful companies that have embraced Capita’s unique capabilities. Active within the private and public sectors including central and local government, Capita serves the following markets - Life & Pensions, Insurance & Financial Services, Education and Transport & Health.

Capita is best known in financial services for its extensive 3rd party administration contracts with organisations such as The Prudential, Coop, Zurich, Axa, Lincoln and Chlildren's Mutual. In addition Capita handles a considerable proportion of the General Insurance business, handling over £12.5bn of claims annually. Outside financial services, Capita handles contracts such as the TV license collection and UK Criminal Database.

Using Snaptic's Star Ratings

No single product will cater for every possible need so whilst the overall product quality may be excellent, it may provide cover or features that don’t suit your needs or perhaps not provide benefits you are looking for. Synaptic's Star Ratings should therefore be used as a guide and we would encourage you to check your individual needs are covered before you make a purchase.