00:00After seeing the number of deaths related to dowry in India, insurance companies have decided to raise premiums for married
00:06women.
00:07Reportedly, every 90 minutes, a woman dies in India due to issues regarding dowry.
00:11This data worried insurance companies about their profitability, leaving them to raise premium prices for married women,
00:17as they are considered more likely to suffer an early death.
00:21Speaking to Foxy, a director at an insurance company said,
00:24First, we thought of raising premiums only for women marrying into poor, illiterate families.
00:29But then we saw what educated rich husbands and their families are doing, so we increased the premiums for all
00:35married women.
00:37Currently, banks are bundling health insurance, term life insurance and dowry loans together
00:42and offering them as a marriage package to brides' families at slightly lower rates.
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