A girl's world

There has long been a gender gap in insurance premiums, and insurers argue this is fair. For example, statistics show women are less likely to have motoring accidents than men. In fact of all motor accidents involving people under the age of 20, over 80% were caused by men which is why insurers charge them more to insure cars. So men could consider it a payback that when it comes to critical illness (CI) and income protection (IP) women tend to pay steeper premiums. While life insurance may be cheaper for women, the fairer sex remain more likely to develop the long-term and debilitating...