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/
Older drive less, so the chance of involving in an accident is less than normal driver.
ReplyDeleteThis is another way of insurance company to extract money from consumer