Singles pay more for insurance

BEING single doesn’t pay off — when it comes to insurance.

Experts say that being insured as a couple can be a lot cheaper than going it alone.

Figures from life assurance company Caledonian Life show that couples who take out life assurance policies together rather than individually can save between €30 to €130 on their premiums a year, which can equate to thousands of euro over the lifetime of their policy.