1. Why do life insurance companies often charge different rates for males and females?
2. Who pays more by age, male or female, and why do you think this is so?

Question

1. Why do life insurance companies often charge different rates for males and females?
2. Who pays more by age, male or female, and why do you think this is so?

anonymous · Answer

1. Women have a lower cost because they have a longer life expectancy. 

2. Men pay more. The older he is, the higher the cost. 

Hope I helped.

anonymous · Answer

they have men pay more because they are more likely to mess around and he will pay more as he gets older also if a guy gets a 2 door car insurance will also go up.