The cost of disability insurance for women skyrocketing
A woman of 32 years of professional purchasing individual disability insurance, a plan _ that it would pay up to $ 47400 a year, it should also sick or disabled to work _ would have paid an annual premium of approximately $ 1,077, she bought the policy last February.
Today, a professional women the same age, buying the same plan, it should be the interpreter of $ 1498 per year _ an increase of 39 percent. A man of his age and occupation would pay approximately the same price today for the individual disability insurance, as it should have last winter.
Sex-distinct on prices, pricing women up to 50 percent more than men when they buy the same income replacement coverage has been more and more often a handicap in the entire sector insurance during 1994. The price covers only the various policy areas, not purchased by an agency or professional association. And the higher prices have an impact only on new purchases not the non-cancelable renewable policy and guarantees already in hand.
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