How to prepare for genderless protection

In March 2011, the European Court of Justice (ECJ) ruled that basing insurance contract pricing on gender will be outlawed from 21 December 2012. A year on, the government has just closed its consultation on how the ruling can be implemented in the UK. While providers are already preparing for the change, some advisers are gearing up to use the reform as selling-point for protection. Market changes Prices are expected to change in the run up to December. In life insurance, there are predictions women, who usually live longer, will be forced to pay prices more in line with those of m...