The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
As two of the common cancers affecting men and women – Prostate and Ovarian cancer - are the focus of March awareness campaigns, AIG outlines how its unique Cancer Cover insurance policies provide vital financial and emotional help when it is needed most.  
Chartis Direct has launched a new Heart Attack and Stroke insurance policy, which gives cash payouts on diagnosis of either a heart attack or stroke.  There is a choice of cover level, giving £15,000, £25,000 or £50,000 on diagnosis.
A new survey has revealed that £454.60 is the average amount of money that people would lend to a friend suffering from a long term illness such as cancer. This equates to just less than a week’s extra pay, based on average gross weekly earnings of £458*.
A leading debt management company is reporting a rise in the numbers of its customers who cite loss of sleep as a direct result of debt anxiety as a major catalyst for contacting the company for help.
Annual average household expenditure is estimated to be £35,978. The corresponding figure for a household where the main occupant is 65 – 74 is £23,711 and £15,139 where they are aged 75 and over
Have you met...
Latest Members:


ini7a


GoodShoutStudio


Frankie


Nwinslade


barnetboy8


DomKnowles


Granny2B

 

General News

Email this story to a friend:

Insurers can’t charge women less than men

The European Court of Justice has ruled that insurers can’t consider gender when setting insurance premiums.

01-03-2011

Charging men more for car insurance than women would amount to sex discrimination. Will premiums for men go down while premiums for women rise? Probably. If the degree of risk has been accurately calculated into the premiums in the past it’s likely that premiums for men will remain the same and those for women rise to match. If premiums for men reduce to the level of women’s premiums I’ll eat my hat.

Annuity rates have changed already in anticipation of the ruling.... but as implementation has been deferred til 21st Dec 2012. As things stand, women receive lower pension annuity rates because they tend to live for longer than men.

Because women have a longer life expectancy, they pay less for life assurance but more than men for critical illness insurance.

We'll be keeping a watch on changes.  

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks