Saturday, October 02, 2010

Increase in motor insurance premium for older drivers



400yahoo_carpark
Unwarranted rise in premium as one ages

IN DETERMINING car insurance premiums, insurance companies here may be relying
on a flawed actuarial table that unfairly penalises baby boomers like me,
notwithstanding their sound health status and driving record.
Lee Seck Kay
http://www.straitstimes.com/STForum/OnlineStory/STIStory_585586.html

1 comment:

Solomon said...

Older drive less, so the chance of involving in an accident is less than normal driver.

This is another way of insurance company to extract money from consumer

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