Your Motor 2 U
Home  |  About  |  Articles  |  Reports  |  Links  |  Site Map    
Welcome to Your Motor 2 U!
Insurance Articles
•
•
•
•

Home
:: About Us
:: Contact Us
:: Article
:: Reports
:: Links
:: Site Map

Related Links


Sisters Are Insuring Themselves: Finance is the New Feminism
By Rachel Lane


According to a study by LifeSearch, the number of women in the UK buying life insurance in the UK has doubled over the last six years. As women are increasingly closing the gender related pay gap and even becoming the main breadwinners in a household, they are also becoming more vigilant about their finances and less financially dependent on their partners.

Linda Tyson, a policy advisor for LifeSearch stated that the increase was attributed to the ?growing awareness of the importance of protecting the financial stability of the family. More and more women are either the main or only breadwinner and are realising the importance of protecting their incomes.?

An additional advantage for women is upon applying for cover, they pay less in premiums than men, which is additional money to save, invest or spend on holiday with the girls. This reduction in premiums is based on the fact that women live an additional seven years longer than men. Insurance companies deem men a greater insurance risk when it comes to life insurance. In general, a woman pays 25% to 35% less than a man.

The most cost effective way to buy life insurance is term cover, which allows for a lump sum to be paid out over a given period upon the death of the policy holder. The lump sum will protect the partner or family and the extent of the cover will vary on how much the policy holder wishes to invest and length of time over which they wish to invest it.

Alternatively, there is the option of whole-of-life insurance, in which case a lump sum will be paid out upon the death of the policy holder ? whenever that happens. Given that the payout is guaranteed, the premiums for this type of life insurance are much higher, although women still pay less than men.

Websites such as moneynet provide an easy method for women to review different life insurance policies, the risks and associated costs and given that the ratio of male to female web users is almost 50:50, it?s not surprising that women have the web (and their finances) under their thumb.

Resources

Channel 4 Money
Moneynet Life Insurance
Women and life insurance

For more information, news and articles see:

Mis-sold Ppi - Mis-sold Ppi
...n for a new car. I`d fell in love with this slinky, silver sports car and being a single male at the time, with plenty of disposable income, I thought I`d treat myself to this flashy kind of motor. ...
Visit Mis-sold Ppi...

Dock Levellers - Dock Levellers
...r for loading and unloading your various goods. Our levellers are extremely strong and durable, and are made to handle your vehicle with ease. You are given easy operational control and flexibility, a...
Visit Dock Levellers...

Loading Bay Equipment - Loading Bay Equipment
...equipment, you are able to load and unload all your merchandise with great ease and efficiency. We provide high quality equipment which is cost effective as well. We implement all possible safety stan...
Visit Loading Bay Equipment...

Jet Ski Insurance - Jet Ski Insurance
...he UK and there are many makes and models that frequent numerous Jet Ski Insurance water centres. Taking to the wet stuff on your powerful jet ski will be an exhilarating experience and you`ll Jet Sk...
Visit Jet Ski Insurance...

No Win No Fee Injury Claim - No Win No Fee Injury Claim
...ghtly you`d be annoyed if you were involved in an accident that wasn`t your fault and had to take time of work as a direct result. You might be lucky if you have an employer that is prepared to pay y...
Visit No Win No Fee Injury Claim...

Hgv Courier Insurance - Hgv Courier Insurance
...mally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; therefore they will be able to ...
Visit Hgv Courier Insurance...

Gap Insurance - Gap Insurance
...ce but how many people know what gap insurance is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance covers the depre...
Visit Gap Insurance...

Marina Insurance - Marina Insurance
...u need to buy marina insurance you may well have been given a number of different policy wordings from a variety of companies, this is a guide is to help you decide what sort of policy would suit you ...
Visit Marina Insurance...

Courier Insurance - Courier Insurance
... being sent might be quite costly or important. Losing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one usin...
Visit Courier Insurance...

Car Gap Insurance - Car Gap Insurance
...ap insurance until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in the event of a car being stolen ...
Visit Car Gap Insurance...

Work Accident Compensation - Work Accident Compensation
...mpensation. He tells me that work accident compensation is an incredibly busy area to work in and I am sure that he is right. As you know, there are countless advertisements all day long on the tele...
Visit Work Accident Compensation...

Ppi Claims - Ppi Claims
... representative from the bank seemed to bamboozle you with facts and figures and to be honest; you didn`t quite understand what was going on. You just wanted the loan because you needed a newer car a...
Visit Ppi Claims...
Click For More Detailed Information on:
Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map
Copyright © 2003-2010. All Rights Reserved.


Valid CSS!