Insurance should account for costs. Women go to doctors much more often. The Centers for Disease Control and Prevention say, even if you exclude pregnancy visits, women are 33 percent more likely to visit a doctor. Insurance companies used to reflect that in prices. That isnt bigotry -- its just math. Insurance companies still charge men more for car and life insurance. A survey of car insurance companies found that the cheapest policy for a woman cost 39 percent less than for a man. A 60-year-old woman pays 20 percent less than a man for a 10-year life insurance policy. Seventy-year-old women pay half as much as men. Thats just math, too, because most women live longer than men and, despite the woman-driver stereotype, we men get into more car accidents.
Posted on: Wed, 12 Mar 2014 15:44:33 +0000
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