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Quotesmith.com and HealthExtras Announce Disability Program Marketing Agreement

Quotesmith.com, Inc. (ticker: QUOT, exchange: NASDAQ) News Release - 10/25/2000

Quotesmith.com and HealthExtras Announce Disability Program Marketing Agreement

Instant Buy-Online Capability Now a Reality at Quotesmith.Com With The Christopher Reeve-Endorsed $1 Million HealthExtras Accidental Disability Program

DARIEN, Ill., Oct. 25 /PRNewswire/ -- Quotesmith.com (Nasdaq: QUOT), the buyer-driven insurance exchange which provides instant insurance quotes from more than 300 leading companies, announced today that it has entered into a strategic marketing agreement with HealthExtras, Inc. (Nasdaq: HLEX), a leading online provider of health and disability programs, which brings instant buy-online capability for the HealthExtras $1 Million Accidental Disability Program that is endorsed by Christopher Reeve. Terms of the agreement were not disclosed.

The HealthExtras $1 Million Accidental Disability Program carries an annual premium of only $95 and is underwritten by an A.M. Best-rated A++ company. Instant enrollment is available by clicking the Disability Insurance tab at www.quotesmith.com.

Robert Bland, Chairman and founder of Quotesmith.com commented, "The HealthExtras disability program brings a significant and welcome addition to our insurance offerings. Now any visitor to www.quotesmith.com can instantly receive $1 million in accidental disability protection for only $95 per year and have the capability to buy this coverage online. We are very pleased to announce this new strategic relationship."

Marshall Coleman, Chief Marketing Officer of HealthExtras, Inc., added, "We are pleased to now be featured at Quotesmith.com, the recognized online leader in providing comparative insurance information. HealthExtras remains focused on establishing relationships that enhance our Internet reach, and we look forward to providing Quotesmith's customers the opportunity to receive real-time peace-of-mind with their online purchase of our $1 Million Accidental Disability Program."

Quotesmith.com is the only place on earth that allows insurance shoppers to obtain instant quotes from over 300 leading insurance companies and to buy from the company of their choice.

About Quotesmith.com

Quotesmith.com owns and operates the insurance industry's largest and most comprehensive price comparison service. The Quotesmith.com Insurance Commerce Platform allows insurance shoppers to instantly view the best prices being offered by more than 300 leading companies, achieve maximum savings and have the freedom to buy from the company of their choice. Quotesmith.com also provides personalized customer service assistance and policy placement services for its customers. Quotesmith.com generates revenues from the receipt of commissions and fees paid by insurance companies. Shares of Quotesmith.com trade on the Nasdaq Exchange under the symbol "QUOT."

About HealthExtras

HealthExtras is a leading provider of health and disability insurance. Through its web site www.healthextras.com, employee benefit plans, and other direct channels, HealthExtras offers individuals, small businesses and employer groups customizable and affordable health and disability insurance. The Company has strategic relationships with highly rated insurance underwriters, and its marketing partners include the nation's largest financial institutions, along with leading affinity groups, associations, and Internet companies. The Company also has a relationship with actor and advocate Christopher Reeve to help develop and promote its programs. Founded in 1997, HealthExtras is located in Rockville, Maryland and is publicly traded on the Nasdaq Exchange under the symbol "HLEX."

Cautions about Forward-Looking Statements

This announcement may contain forward-looking statements that involve risks, assumptions and uncertainties pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. This announcement also contains forward-looking statements about events and circumstances that have not yet occurred and may not occur. Expressions of future goals and similar expressions including, without limitation, "may," "will," "believes," "should," "could," "hope," "expects," "expected," "does not currently expect," "anticipates," "predicts," "potential" and "forecast," reflecting something other than historical fact, are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Investors should be aware that actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. Reported Web site activity and/or quotes are not necessarily indicative of any present or future revenue. The Company will not necessarily update the information in this press release if any forward-looking statement later turns out to be inaccurate. Potential risks and uncertainties include, among others, Quotesmith.com's limited e-commerce operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks of system interruption, the evolving nature of its business model, the increasingly competitive online commerce environment, dependence on continuing growth of online commerce and risks associated with capacity constraints and the management of growth. More information about potential factors that could affect the company's financial results is included in the company's Annual Report on Form 10-K for the year ended December 31, 1999, which is on file with the United States Securities and Exchange Commission.

This communication appears as a matter of information only and is not an insurance solicitation. Accordingly, no employee of Quotesmith.com, Inc. is recommending or endorsing any specific insurance company, coverage or policy type within this communication. Some insurance companies appear at Quotesmith.com for purely informational purposes only and pay no compensation to Quotesmith.com and some insurers pay commissions or fees to Quotesmith.com based upon premium volume or traffic activity produced by Quotesmith.com. Quote availability by state of residence or any other factor is subject to change without notice.

Quotesmith.com is a service mark of Quotesmith.com, Inc. All other names are trademarks of their respective owners. Published by South Dakota agent #333509159, California agent #0827712 and #OA13858, UT #90093. California and Utah dba Quotesmith.com Insurance Services. SOURCE Quotesmith.com

CONTACT: Will Hemsworth II, Senior Vice President of Quotesmith.com, 630-515-0170, ext. 213, email, whemsworth@quotesmith.com/

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