06/04/2005
Using the internet to buy mortgage insurance and manage finances couldhelp consumers save valuable time.
Increasing access to 24/7 online services is helping the UK public choose the most convenient time to sort out insurance cover, especially as 61 per cent of adults in the UK use the internet and 14 million people bank online.
Research by bank first direct shows that its internet customers spend just nine minutes a week dealing with finances, compared to the national average of 47 minutes.
Richard Kimber, first direct's chief executive, said: "Short of combining some disparate activities - like sleeping at work or eating your children - the way to manufacture time is to shorten unnecessary time-wasting activities.
"In essence, it's not so much about us being available around the clock, it's more about removing any barriers between us and our customers, including the barrier of time."

An online quote will take a matter of minutes, and you can see just how much you could save.