Entries from January 2010 ↓

The modern Western society is at war, which influences and affects virtually all domains of life and forces people to reconsider traditions, judgments and practices. This is the war of sexes. And if some domains women are left by men behind, when it comes to insuring one’s life, the strong sex is clearly losing it, with women going far ahead. But why is that so?

Back in February, the Society of Actuaries has conducted a study concluding that high amounts of testosterone (i.e. the male hormone) lead to more harmful effects on health and behavior, not to mention the overall risk-taking property of this substance, which makes men more prone to undertaking hazardous activities than women. Higher blood pressure and lower immune system activity is the cause of the substantial difference in mortality rates and serious health issues, which are most obvious at the age of 22, when men have the highest amounts of the hormone in their blood.

For a long time the common belief was that women live longer because they are not subjected to serious stress and hazards, traditionally working at home. But with the modern tendencies of women undertaking tasks that are traditionally done by men, researchers have observed that women who are making part of the working force actually have a longer duration of life even compared to those who stay at home. Continue reading →

Occupation plays a very important role in a person’s life. What we do for living pretty much determines our entire lifestyle and delivers certain risks to deal with everyday. If you’re working with toxic substances on a daily basis, you have a type of risk that haul drivers for example are very uncommon with. The same goes for any other high-risk job that has special circumstances posing danger to your health and life. And of course, if your occupation has a higher degree of risk in average, you are likely to pay more for insuring your life. Risk and insurance rates are connected directly, which means the safer your job the lower premiums you’ll have to pay.

Whom does it concern?

If you have an average job at the office with the most hazardous task being dealing with the paper shredder it’s evident that your insurance rates will be quite average as well. But if you work in the circus with wild animals, or jump off planes with a parachute for a living it is very likely that your insurance premiums will be much higher than with your “safe work” peers. Some insurance companies can even deny you with insurance at all because they aren’t willing to assume such a high risk that is insuring you. Continue reading →