Income+
Lady’s insurance – gimmick or necessity?
Lim Siew May | 06 Apr 2018 00:30
123RF
All across the world, women outlive their male counterparts, and Malaysia is no exception to this phenomenon. 

In 2017, the life expectancy of women in Malaysia was 77.4 years while for men it was 72.7 years, according to the Department of Statistics Malaysia.

It’s interesting, then, to note that insurance companies offer gender-centric insurance targeting women but not men.

So, is lady’s insurance a marketing gimmick?

The consensus of our interviewees is that by and large, this is not an essential cover. However, as with many types of insurance policies, this also depends on your circumstances.