Thursday, March 19, 2009

Insurance News

Drive Less. Pay Less:
Have you ever heard about costs of auto insurance on Mileage-based? Well, it’s happening in Texas, USA. It’s really useful for people who drive less, and therefore pay less. MileMeter is the first company in the world to develop and get approval to offer an insurance by-the-mile program. There are many Customer Benefits of MileMeter.

No life Insurance for bad genes?
As reported by newspaper Sydney Morning Herald, in Australia insurance protection especially life insurance is now refused to people because of their genetic make-up, researchers have shown in the first study in the world to provide proof of genetic discrimination. Under industry guidelines, insurers cannot compel people to have a genetic test, but those who have been tested must reveal their results. It is only legal for companies to use this information if they can justify their decisions.

Ban on young drivers from using hands –free phone in UK
According to statement issued by Motor insurer ( the current law relating to driving and mobile phone usage should be amended to include a ban on using hands-free phones for drivers aged under 20. There is a growing body of research that indicates that drinking alcohol and using a hands-free mobile phone carry similar levels of risk," says Paul Purdy of Research conducted at the Transport Research Laboratory has found that drivers talking on both hand-held and hands-free mobile phones have on average 30 per cent slower reaction times than those who have been drinking, and 50 per cent slower times than sober drivers.

Neck size to reveal your health especially heart.
According to new research conducted in UK by Framingham Heart Study, the thickness of person's neck could reveal their risk of heart problems, which may be of interest to holders of private health insurance.

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