Low cost life insurance
Low cost life insurance and women are already counting the cost of the European Court of Justice’s latest gender ruling. For anyone who isn’t up-to-speed: the legislation, which came into force on December 21st, prevents insurance companies from using gender when Low cost life insurance
Low cost life insurance ’s a well-known fact that women are safer drivers then men, and traditionally they’ve been rewarded with cheaper car insurance. However, in a bid to level the gender playing field Europe has issued a directive stopping underwriters using ‘sex’ as a measure when Low cost life insurance
Low cost life insurance The insurance industry has long been up-in-arms about the judgement and the government recently joined the fray with Jo Swinson (Minister for Women and Equalities) dubbing the price-hike “Low cost life insurance a very unfair Xmas present”.
Low cost life insurance Prior to the ruling there was a general consensus that women’s purses would be hit hard, but no-one knew just how hard. Two weeks later and we are beginning to get a better picture, and unfortunately it isn’t Low cost life insurance looking good:
- Low cost life insurance The British Insurance Brokers’ Association (BIBA) initially predicted that premiums would rise by 15-38%, with younger women seeing the biggest increase
- Low cost life insurance Leading market research firm Consumer Intelligence has reported an average rise of 14% with one unlucky woman facing a whopping Low cost life insurance increase of 43%
- Low cost life insurance One of the country’s best-known price comparison websites has reported an average increase of 25%, adding £600 a year to each premium
Low cost life insurance a little muddy; it is clear that women drivers will be paying significantly more for their car insurance in 2013. At the same time men’s premiums have fallen by a measly 5%; so there’s still a lot of work before the playing field is Low cost life insurance
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