The insurance is vast subject considering various aspects it deals with our day-to-day life. Any new research findings may have direct or indirect impact on insurance if not immediate effect but in future. Few are listed below:
1. New device for jamming cell phones while driving:
Many people have habit of speaking on phone while driving which may lead to dangerous situation and calls for attention of motor insurers as well as life insurers. To avoid such situation, University of Utah researchers have created a car ignition key that prevents teenagers from talking on cell phones or sending text messages while driving
2. The oral hygiene affects heart disease:
One study suggested people with poor oral hygiene are more likely to suffer heart disease, which of course increases your probability of an early death… which impacts directly on life insurance!!
3. Mental Health Deteriorates During Recession:
New research in the United States and Europe has found that economic conditions directly affect the quality of mental health.
4. Insurance Market fails Women:
Research done by National Women’s Law Center (NWLC), Washington DC shows that insurance companies can refuse to sell women coverage due to any health history, and often charge women drastically higher premiums than men. In addition, the coverage is frequently both exorbitant in cost and limited in scope – often failing to cover women’s specific needs – such as maternity care.