Novatis AM's Frank Dolan says the main issue is not gender discrimination but risk.
Statistically, young men have more (and bigger) car accidents than young women - is it not right then that young men should pay more for car insurance than young women? Women generally live longer than men - is it not right then that a man should pay more for life insurance than a woman of the same age and, using the same statistics, that a women should pay more for her annuity? If your house is built on land that has a history of flood, landslip, heave, subsidence or whatever, you will pay more for your house insurance than someone who lives in a more stable area. These are facts ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes