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India Eyes Heftier Insurance Cost for Fat

Posted - Apr. 12, 2004 at 8:20 a.m.



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NEW DELHI, Apr 11, 2004 (United Press International via COMTEX) -- Insurers in India are considering charging higher premiums for heavier people,

"A prudent insurer should definitely charge a higher premium from an overweight policyholder," G. Aggarwal, chief actuarial at the Life Insurance Corp., told the Calcutta Telegraph.

The newspaper says it's been long recognized that heftier folks should be charged heftier premiums, but there's been "a huge gulf between practice and precept."

"Obesity is one of the most dreadful ailments in India," K.K. Aggarwal, president-elect of the Delhi Medical Association, told the Telegraph. He said about half of the people in urban areas are obese. It was unclear whether the two Aggarwals are related.

Copyright 2004 by United Press International.

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