Respected sir/madam,
ABSA require mandatory Credit Life Policy for home loans to be granted, when getting quotes on Life Policies. We get the following:\r\nfor exactly the same criteria:\r\nLife insurance quotes:\r\n\r\nfor Man, R500 000 cover\r\n\r\n1lifedirect =R197.58\r\n1st for women =R201.53\r\nResolution =R101.38\r\nHollard =R112.32\r\n\r\nfor woman, R500 000 cover\r\n\r\n1lifedirect =R153.21\r\n1st for women =R156.27\r\nResolution =R69.22\r\nHollard =R72.18\r\n\r\nTherefore it is impossible to get a home loan without being subjected to gender discrimination. Where men are penalized for being male.