Would insurance get any cheaper alongside other things?

Wednesday, April 15, 2009

In times like these, where banks are lowering interest rates and many FMCG companies have lowered some of prices of their products to help people save more, I was wondering if the insurance premiums would be relooked at.

In bad times, all the more people need protection. And insurance policies don't come cheap for medical, life, travel and even car insurance. I would think that it would benefit everything if insurance premiums could be lowered and everyone can afford some form of protection against any untoward incidences.
I would also like to see the price of useful things like books to lower than what they are now. But of course that's a long shot because they are heavily dependent on the prices of books being imported from the western world as well as the foreign exchange rate.

What else do you think could be cheaper for the benefit of everyone?

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