1. A number of Web sites, such as www .quickquote.com, offer instant quotes for term life insurance....
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1. A number of Web sites, such as www
.quickquote.com, offer instant quotes for term life insurance. Use one such Web site to compare the prices of $1 million 5-year term life policies for 50 year old men and women. Explain the difference in quotes for the man and the woman. Suppose the U.S. government were to pass a law requiring insurers to offer the same prices for men and women. What effect would you expect this to have on prices and insurance coverage?
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