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European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 10:42 am
http://www.bbc.co.uk/news/business-12606610
The European Court of Justice has ruled that insurance companies cannot charge men more insurance than women simply because they are men. Previously, women and men under the exact same circumstances (i.e. same number of years holding a license, same number of accidents, etc) would be charged different amounts according to their gender (men being charged more).
They also ruled that women can't be given a lower rate of pension simply because they live longer; they must be given the same rate as men.
Thoughts?
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 10:59 am
It's a great thing, people who have the same medical status or driving efficacy record as someone of the other gender should get the same premiums. People's premiums on these issues should be entirely determined by their own health status and driving record.
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 11:20 am
(This post was last modified: March 4, 2011 at 11:20 am by Skipper.)
I wish it was mens premiums coming down to womens levels instead of theirs coming up as I feel insurance companies are complete fucking rip-off merchants and will do anything to not pay out when you do need them. I don't drive by the way However, I guess in the interests of equality it can't be argued that just purely being male means you should pay more money for a service.
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 11:32 am
They should reasonably meet half way, they likely will.
Insurance companies are a good thing, for people who lack the fiscal responsibility to pay for their own minor/moderate properties and obligations - You could quite reasonably only have to insure your house.
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 11:35 am
Anything that smacks those insurance company cocksuckers in the teeth is a good thing.
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 11:43 am
(March 4, 2011 at 11:32 am)theVOID Wrote: They should reasonably meet half way, they likely will.
Insurance companies are a good thing, for people who lack the fiscal responsibility to pay for their own minor/moderate properties and obligations - You could quite reasonably only have to insure your house.
Yea, I think womens are going up something like 60% whilst mens are going down 20%. It should be the other way around though, but obviously it wont be the insurance companies that are out of pocket.
Also, In the U.K it's a legal obligation to have insurance on your car. At least to cover you for damaging others. But I agree, I'd say as little reliance on insurance companies is a great thing. I have none. For anything.
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 11:50 am
(This post was last modified: March 4, 2011 at 11:53 am by leo-rcc.)
If in general women build up a higher no-claim, then that is fine, as long as men with a spotless accident record can reach that same no-claim premium I don't mind that at all. The height of your insurance should be based on your track record and driving skills, not on gender. The base premiums should be the same for everyone.
Pensions, if you spent as many years working for one as the other person you should receive the same pension, also regardless of gender.
(March 4, 2011 at 11:43 am)Skipper Wrote: Also, In the U.K it's a legal obligation to have insurance on your car. At least to cover you for damaging others.
Same here in the Netherlands.
Best regards,
Leo van Miert
Horsepower is how hard you hit the wall --Torque is how far you take the wall with you
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 11:56 am
(This post was last modified: March 4, 2011 at 12:04 pm by theVOID.)
I have a huge problem with that kind of fascism, Government should not be able to force you to buy something from any company.
Nice, I have contents insurance up to $5000 dollars for $85 a year and will keep it until I have enough savings to account for any potential losses on necessary items, once I've done that i'll cut it off. I'm taxed to buy health insurance so if that ever changes it will be a similar situation.
(March 4, 2011 at 11:35 am)Minimalist Wrote: Anything that smacks those insurance company cocksuckers in the teeth is a good thing.
So you don't buy insurance? If you do it's clearly because it's better than the alternative risk.
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 12:17 pm
(March 4, 2011 at 11:56 am)theVOID Wrote: I have a huge problem with that kind of fascism, Government should not be able to force you to buy something from any company.
I can see the reasoning behind it though.
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Leo van Miert
Horsepower is how hard you hit the wall --Torque is how far you take the wall with you
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RE: European Court of Justice rules on Insurance / Pensions
March 4, 2011 at 12:48 pm
(March 4, 2011 at 12:17 pm)leo-rcc Wrote: (March 4, 2011 at 11:56 am)theVOID Wrote: I have a huge problem with that kind of fascism, Government should not be able to force you to buy something from any company.
I can see the reasoning behind it though.
Failure to pay whilst uninsured resulting in seized assets or labour to the state so they can pay the victim in the interim would be a better option, it's how it works here. You don't need to engage in fascism to have a fair and effective system.
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