August
Insurance rates for the young are probably much higher than those for
Published Wednesday, 26th Aug 11:26 BST
Insurance rates for the young are probably much higher than those for the old. It's a sort of grouping, and it's pretty useful. You make one group - old people. Another group - young people. And you might include orsecludecertain ages from one group or not. The point is to group them according to similarities in danger, and thereby determine how much the people buying insurance should pay each month.