Gender dependent insurance prices to end in April

Differing prices of insurance policies for men and women, for example, forroad accident car insurance, are set to become history in Slovakia starting in April 2013. This comes as a result of the amendment to the anti-discrimination law elaborated by the Justice Ministry and green-lighted by parliament on Tuesday, February 5.

Differing prices of insurance policies for men and women, for example, for
road accident car insurance, are set to become history in Slovakia starting in April 2013. This comes as a result of the amendment to the anti-discrimination law elaborated by the Justice Ministry and green-lighted by parliament on Tuesday, February 5.

Until now, in Slovakia it was not deemed discrimination if an insurer issued different, gender-based insurance prices, and gender was often the decisive factor. The respective provision will now be omitted from the law. Slovakia must change the current rules according to a verdict of the European Court of Justice, which cancels the last exception for the use of the gender factor in setting insurance premiums or bonuses in the respective EU directive.

(Source: SITA)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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