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Question:
What does the Defaqto 5 Star Rating mean?
Answer:
A Defaqto Star Rating lets you know the quality of your financial product, from an independent source.
The Star Ratings (ranging from 1 to 5, with 5 being the highest), attest to the quality of products based on a series of scoring bands. The boundaries of Star Rating bands have been set by Defaqto's Insight team using their extensive knowledge of products in the market, the relative worth of each feature to the customer, and current and future market developments.
When you see a Defaqto 5 Star Rating logo on our Finest policy, you can be sure that the product offers an extensive range of benefits compared to most policies.
The overall quality of a 5 star Rated product must exceed the rest of the market’s standard. So when you see the logo you can be assured you are buying one of the best.