UK insurers want exemption from equality laws
The UK government is under pressure from the insurance sector to exempt UK insurers from various areas of the recently introduced equality laws. One of the main aspects which has arisen over the last few days is the availability of motor cover for elderly drivers. It is no secret that many insurers are wary of covering older drivers because of a perceived increase in risk and one in five older drivers has difficulty in obtaining acceptable motor cover.
There is also a similar issue in the area of travel insurance as there are again perceived risks associated with older travellers who may have possible health conditions to contend with. The problem now is that the UK government has been very vocal in its support of the various equality laws in the workplace and is now being put on the spot by the insurance sector. If the government is seen to waver in any way toward the insurance sector this could blow a hole in the new equality laws and leave the government open to accusations of favouritism.
It will be interesting to see how the UK government tackles this potential problem as there is no doubt that the older generation do have significant difficulties in obtaining affordable insurance in a number of areas.
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