The protection from the financial loss is called as Insurance, Insurance is best known as risk management. There are two most common terms used in Insurance.
The first one is insurer that is an entity or an organization that but insurance policies that provide insurance also identified as insurance company while the person who buys the insurance is standard Policy holder as well as insured.
The base of life insurance is the official recognition of the value of human life; it is a few time longer contracts between Policy holder and the insurance company where policy holder promises to pay a sum of amount each month during the period of contract.
the benefit keeps by company if policy-holder suffers from an accident company give him benefit. So after complete period of time or in case of any accident, company will pay them as large amount of money.
So as talk about cheap car insurance for ladies then it is claimed that finding cheap car insurance for ladies is much easier than that of men.
because it is internationally proved that ladies are involved in so much less accidents therefore they make less claims so that companies happily give cheap insurance policies for ladies than that of men as all big accidents are usually by men but European court have finished this facility of cheap insurance for ladies because it think that accidents are accidents.
But it is been decided that ladies of young age have to pay 50 % cheaper premium than that of men, This is partially down to the fact that women, particularly female drivers whose age is up to 25 years efficiently have to pay premiums that replicate the risk of their male members, with young male drivers statistically more likely to be concerned in accidents.
So in insurance policies age matters much because ladies of age more than 60 years have to pay more premium even than that of men, but overall it benefits the women.