Changes
/* Premium charged by different insurance companies for “Smokers – more than 1 pack a day” in different health classes */
* TransAmerica, the least premium charger increases its premium by 30% from Best to Standard health class while the highest premium charger Genworth has a increase of only 16% for the same. This may indicate that the '''risk appetite for Genworth is less'''.
* The maximum difference between the premium charged for '''men is 49%''' while for '''women is as high as 77%'''. This indicates that as the health category of women goes down the proportionate increase in premium is more than in case of men. So we can say insurance companies are '''more sensitive to the changes in health condition of women'''.<br>
===Premium charged by different insurance companies for “Smokers – more than 1 pack a day” in different health classes===
* In this category too, maximum difference between the premium charged for men is 49% while for women is as high as 77%.
===Premium charged by different insurance companies for “Nicotine patch users” in different health classes===
[[Image:Nocotine patch.jpg|center|600px]]
* Prudential charges the least premium in all health classes. Genworth charges the maximum for men while ING charges the maximum for women in the Best and Preferred class while maximum premium charges for women in Standard Plus and Standard health class are same for three companies – TransAmerica, ING and Genworth.
* In the Standard Plus health class, all insurance companies except Prudential appears risk averse as their premium is on average 153% more than Prudential’s for men ($155). For women, the average premium charged is as high as 162% more than Prudential’s ($109).
* This difference seems to converge a little as we inspect the premium charges in the Standard health class which is on an average only 101% and 102% for men and women, respectively.
