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CareShield Life
Higher premiums for women justified: Experts
Insurance costs more as they live longer but examine their financial means too, say experts
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Felicia Choo
When it comes down to crunching numbers including life expectancy, experts say the decision to make women pay higher premiums for long-term care insurance CareShield Life is justified.
However, they add that more research can be done to examine issues women face, such as the financial burden on housewives. And amid the swirling debate over the gender-differentiated premiums, experts say alternatives to making women pay more should be examined as well.
