GENDER DISCRIMINATION
November 1st, 2003
BY ALAN OSBORNTHE INSURANCE industry has reacted with a chorus of dismay to a sweeping proposal by the European Commission to eliminate gender discrimination in the supply of goods and services. The central element in the Brussels plan is that the use of sex as a factor in the calculation of premiums and benefits for insurance and related financial services would be outlawed.At present women generally pay higher premiums for pensions and annuities (or the plan pays out less per year) on the grounds that they live longer, while men pay higher premiums for life and ...
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