Disability insurance is a morbidity product. Actuarial morbidity predicts the incidences of injuries and sickness based on age and gender. Women statistically have more injuries and sicknesses that lead to a disability than their male counterparts. So women pay more in premiums for disability insurance than men.
.JPG){kind=avatar}
Disability insurance is a morbidity product. Actuarial morbidity predicts the incidences of injuries and sickness based on age and gender. Women statistically have more injuries and sicknesses that lead to a disability than their male counterparts. So women pay more in premiums for disability insurance than men.