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Cheaper insurance for vegetarians

no meat rewardsUK’s Animal Friends Insurance (AFI) offers cheaper life insurance premiums to vegetarians. The insurer is offering this discount based on the assumption that vegetarians are a lot less likely to suffer from a variety of illnesses. The company estimates that “the risk of vegetarians suffering from cancers is reduced by up to 40% and from heart disease by up to 30%”.

If you don’t eat meat, then you could expect to save approximately 10% on your Life Insurance premiums for the entire life of your policy! For example a 30-year-old female non-smoker Non-Meat Eater could pay just over £5 a month for £100,000 worth of cover over 25 years!

By introducing this policy AFI plans to remove the unfairness in the insurance industry when only non-smokers get to pay cheaper premiums whereas vegetarians are not being rewarded in the same way for their healthier lifestyle.

Although there’s no medical test that would confirm that you’re a strict vegetarian, the insurer is confident that meat eaters will not take advantage of this.

AFI is a non-profit insurance company that donates net profits from it’s business to animal charities worldwide.

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This entry was posted on Sunday, August 26th, 2007 at 8:00 am and is filed under Fitness, Vegan, Vegetarian. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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