Men and women differ on insurance

MEN on average insure themselves for double the amount of cover females do, according to research.

Irish men and women vary greatly on the monetary value they put on their lives and this differential is greatest for those in their 50s.

Head of sales and marketing at Caledonian Life Greg Dyer said: “Our research shows that the men of Ireland typically insure themselves for double the amount of cover females do. And while the differential is relatively small to begin with [35% in age 30 to 39], it grows with age and hits its peak in the age 50 to 59 category.