MAORI LIFE INSURANCE

Press, Volume CV, Issue 30952, 7 January 1966, Page 10

MAORI LIFE INSURANCE

I Fewer Loaded Premiums JI “The Press" Special Service [ AUCKLAND. Jan. 6. [I Many life-insurance com-’ “panies are now adjusting [ their premium rates to allow! [ Maoris to be put on the same) ’ scale as Europeans, according to “Te Kaunihera Maori,” the monthly newsletter of the) New Zealand Maori Council. I [ For years Maoris have paid! [extra loadings because of) [their shorter life expectancy.) it says. Maori health has, however, [ shown a marked general improvement, and many com-| panies now make no distinction on the grounds of raced An example of the more) generous practices, the news-) letter says, conies from the) A.M.P. Society which told the council that for many years) it had charged the same rates [for Maoris and Europeans. ' ! The society had required a ! medical examination more [often for Maoris than nonMaoris, as had some of the[ I other companies, but this was normally at the company’s ex-; | pense. It seems that most lifeinsurance offices will now accept Maoris on the same terms as they accept other , New Zealanders, the news- j letter says. It also appears likely that ( the few remaining exceptions 1 will go within a short time. , and that Maoris will be ] judged on their individual health record rather than on t a racial basis. Is