Why?

Gender insurance gap revealed.

Women are more likely to take out home, car and health insurance while men are more likely to opt for life and pet cover,according to research by Australian life insurer TAL.

Its research found 41% of men have a life policy, compared to 33% of women. That includes disability, income protection, trauma and life insurance.

Both men and women were more likely to insure their home and car than their life and income.