Time Waits for No Woman-As Life Insurance Prices Rise, It's Best to Buy Now to Beat the Clock

Time Waits for No Woman-As Life Insurance Prices Rise, It's Best to Buy Now to Beat the Clock

ID: 181099

GBP 50 M&S Vouchers for women who want life insurance at fair rates


(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwire) -- 09/06/12 -- Legal & General recently revealed that the new EU rules mean that from 21st December 2012, women are likely to pay more when taking out new life cover and critical illness insurance.

It all comes after a list of new rules and changes in law, which now mean that insurance providers will not be allowed to calculate insurance premiums solely based on gender. It is an unfortunate outcome for women, who before now had benefited from being the fairer sex, seen by insurance providers as better investments, and worthy of lower life insurance premiums that covered death, critical illnesses and .

At present, a non-smoking female aged 39 will pay a monthly premium for term life insurance over 21 years of GBP 8.22. However, after December 21st this will advance to GBP 9.45, which means that women will be expected to pay an additional GBP 310 for their premium, full term.

However, in light of this, Legal & General is pushing for women to act now and beat the ticking clock that aims to put in place these new laws by Christmas. Getting the now could save major pennies further down the line.

In support of scanning the best insurance rates now, not later, Legal & General has acted to offer women GBP 50 M&S vouchers if they apply for their low-cost life insurance before 31st October 2012.

It's an offer hard to refuse; a reward for saving money on the well-timed purchase of life insurance. With Christmas a not-so-distant future, investing in lower cost for life insurance and having some extra budget for presents, is a win-win situation.



Contacts:
Legal & General
Alyson Bowcott
01737 370 370



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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 06.09.2012 - 15:11 Uhr
Sprache: Deutsch
News-ID 181099
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LONDON, UNITED KINGDOM



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Insurance



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