How does smoking affect my term life insurance smoker premium? Where can I possibly find life insurance provider for smokers?

Jason

Houston Texas

There are various types of life insurance and being classified to one of those depends on the health condition and lifestyle of the prospective policy buyer. Your general health is determined through a medical examination initiated by your insurer. They will also try to find out your current lifestyle or habits. Based on your medical evaluation and lifestyle check-up, insurers will then decide on your premium classification.

One of the major questions that most insurers are going to ask you is whether you smoke or not. Smoking has a big influence on life insurance premium. In fact, smokers on average pay sixty percent more on their premium than non-smokers. If you have been smoking for quite a long time, then it could be a ground for most insurance providers not to grant you with life insurance policy. If you have quit smoking or smoke occasionally, then you may be granted with coverage though with a higher rate of premium.

It comes no surprise to smokers that finding term life insurance smoker policy for them is much difficult and more expensive than those who do not smoke. As difficult as it seems to be though, it is still possible to find term life insurance smoking policy. You just have to spend enough time on how and where to look for such coverage.

The most convenient and quickest way to search for term life insurance smoker policy is to go online. Moreover, not only that you can do much research about it but you can also purchase your life insurance smoking policy online as well. There are a lot of online insurance websites that offers free service of providing you insurance quotes. All you have to do is to enter some basic personal information and answer a few general health questions online. By choosing to go online, you can have access to a large database of life insurance companies that deal with smokers rather than talking with a few insurance companies thus limiting your possibilities.

Why do life insurance companies charged higher rates for life inusrance for smokers?

Mike

Dallas Texas

It has been established that smoking results in other major health illnesses like heart disease and cancer of the lung. Everybody knows that smoking kills and certainly insurance companies know about this.  Your life expectancy rate is among the major factors which help insurance companies decide your life insurance policy rates.  The more you smoke, the shorter you’re likely to live therefore the greater risk you’re to many insurance companies.  Risks affecting insurance costs are based on the insurance companies’ collected statistics and research taken from the general population.

Truthfully, life insurance firms would like you to live a lengthier life span so they can gather full premiums for the entire term in the case of term life insurance policy and set off paying death benefit.  For whole life insurance, insurance companies desire to acquire premiums as long as possible and for this to perhaps come about, they provide reduced premium rates to those people who are likely to live longer. On the other hand, every thing should come at your benefit. So if you wish to get charged less life insurance premium, you have to stop smoking.

Nevertheless, insurance market nowadays is getting packed that every insurance provider are contending from the best life insurance rates.  Individuals are getting more info than there used to be with the advertisements on television, newspaper and internet.  Due to this, customers have been presented a number of options to look for better life insurance for smokers deals.  Remember that individuals who smoke cigar less often receive better life insurance rates than those who smoke often.

To locate affordable life insurance for smokers, search for those policies which have reduced face value particularly whole life insurance policies.  These kinds of policies will not even bother asking about your smoking.  Other people with medical issues should also look for this kind of policy. Finally, the fastest strategy for finding for affordable life insurance for smokers is to compare rates.  The internet has made almost everything simpler particularly when it comes to locating the optimal possible deal of life insurance for smokers.

I’ve been a smoker for more than 3 years. How will this affect my application for smoker life insurance policy? By the way, I have not approached any of the insurance companies in Nevada.

Ben

Las Vegas NV

Health condition or history plays an important role in rate determinants. If the person is overweight, is a smoker, has high blood pressure or diabetes, an affordable life insurance may be difficult to find for him/her. Insurance policy with lower premiums is only available to a person with a good health condition because he/she has a lesser risk of dying soon. In case you have an outstanding medical condition and trying to improve your health, you may want to document it so that you can show the insurance company that you want to better your health. This may help you add to your savings.

Some companies require a series of different tests and medical exams before issuing the policy. Since you are a smoker, the company may still find out that you smoke even though you stopped smoking on the day you applied for insurance. This is because the nicotine is still in your system. It requires a period of 2 to 3 years of no smoking prior the application to be completely “nicotine free”. Once you are considered a smoker by the insurance company in Nevada, you will get a smoker’s rate that is actually three times higher than the life
insurance policy of a non-smoker.

My mother says that my smoking will affect my life insurance. Is this true?

James

Norman,OK

Hi James. Say hi to your mother in Norman, Oklahoma for me. Sorry, James, but I will have to take your mother’s side on this one. Whether or not you smoke will affect your life insurance in terms of the premiums you pay and the coverage you get.

Most insurance companies will have more affordable premiums for non smoker life insurance while charging higher premiums for smokers life insurance. While you may question this practice of penalizing smokers, it does make sense in that insurance take risks in insuring a person and smokers are statistically more likely to die earlier than a non-smoker.

You need not worry, though. With the dawn of the internet age, you can now find online insurance quotes. Look specifically for insurance companies that specialize in smokers insurance. There are also some insurance companies out there that have a no exam life insurance which offers term life insurance without checking on your physical health. You may want to look into this, as well. So whether you smoke or not, it is not an excuse not to get life insurance. On the contrary, it is even more reason to ensure that you get the peace of mind that only life insurance coverage can give you.

Tags: life insurance, life insurance rate, smoker life insurance

I’m a chain smoker and know all my health problems. Can I skip the medical exam when I apply for life insurance here in Oak Lawn, ?

Evan

Oak Lawn, Il

Certainly, Evan; it is quite possible to get no exam smoker life insurance coverage in Illinois. It helps that you are familiar with your medical history since you are likely to be asked questions regarding your health. The more accurate your answers are, the less likely you will be accused of withholding information in the future. Remember to answer as truthfully as you can because if you are found to be untruthful in your disclosures, the insurer may be legally justified in refusing to provide coverage. Most importantly, do not even think of hiding the fact that you are a chain smoker. They’ll find that out easily enough.

Smoker life insurance is usually categorized based on the volume of nicotine that is usually ingested. Simply put, the more you smoke, the higher your premiums are likely to be. Add to that the risks that the insurer will be absorbing by waiving pre-existing conditions in no exam smoker life insurance policy and the premiums are likely to be substantially high. Thus, I suggest you weigh your options carefully. Type in your zip code on the form on this site and you can get free smoker life insurance quotes from insurers offering services Il. This will give you a good idea of the cost of the premiums you will be required to pay as well as the limitations of the coverage available to you as a smoker.

I smoke pipes rather than cigarettes. Will that make a difference in the premiums I need to pay for life insurance here in Brooklyn, NY?

Andrei

Brooklyn, NY

You know what, Andrei, I have a friend who collects tobacco pipes but never smokes them. I wonder how life insurance companies would consider that? Anyway, let’s go onto your question. Smoker life insurance in the US, including Brooklyn, NY, usually classify potential clients into three categories based on how heavy they smoke. The heavy smokers are required to pay the highest premiums while those who have not touched a cigarette in over a year are sometimes considered non-smokers already. I do not actually know of a specific insurance company who categorizes based on how the nicotine gets into the body – through pipes, tobacco or cigarettes. Notwithstanding, some insurers only consider the use of cigarettes in assessing smokers applying for life insurance coverage. As such, if you use tobacco or pipes, you may not even classify as a smoker.

The best way to find out how this will affect your application for smoker life insurance coverage in Brooklyn, NY, is to request for free smoker life insurance quotes online. This can be done simply be typing in your zip code on the forms on this website. The following questions will be similar to what your insurers are likely to ask so that you get an accurate quote on the required premiums. I suggest that you do this now. The sooner you know, the faster you can select a provider for your own smoker life insurance policy.

I’m thinking of getting life insurance but the problem is that I am a smoker. I know that life insurance rates for smokers like me are quite high. But I’m also thinking of quitting someday. If I do quit, will this affect my insurance rates?

George

Dover, DE

If you do smoke, you life insurance rates are higher and that’s because smoker’s life expectancy is shorter as compared to those who do not smoke. So you’re correct about what you said that insurance rates for smokers are higher.

Remember George, when setting insurance rates for smokers, there’s what insurance companies call the smoker rate. In most cases, if let’s say you smoke one pack a day, insurance companies may offer you the best smoker rate available. That means, you could get the lowest life insurance rate possible for smokers. If you smoke more than one pack in one day, then you may get the standard smoker rates. But let me just remind you, smoker rates are higher than the usual rate that you can get if you are not smoking. The usual difference could be three or even four times more if you are a smoker.

Meanwhile, there are some insurance companies that may give you a non smoker rate even if you smoke occasionally -5 or less cigarettes in a day. And if let’s say you’ve already quit smoking, you wouldn’t be listed on the non smoker category right away by insurance companies. Typically, insurers will consider you a non smoker after one year or 12 months of non-smoking. So, as to your second question, yes you will see a change on your insurance rates if you do quit smoking but that would only be after a year or for some insurers it could even be longer.

I asked my dad one time why he never bothered to get a life insurance. He told me that it was because he was a smoker. To be honest, I was surprised. Is there discrimination against smokers in the insurance industry? Is there any in Edmond, Oklahoma? Don’t you want to insure everybody? Please tell me that the insurance industry is more broad minded than that.

Mark

Edmond, OK

Hi, Mark! No, there is no discrimination against smokers. Your father probably never heard of a smoker life insurance or life insurance for smokers, which will be offered by many insurers in Oklahoma. This will be tailor-fitted for smokers like your dad. In fact, many insurance companies chose to specialize in smoker life insurance. In some cases also, companies have modified their definition of a “smoker”.

Most insurance companies will have three classifications for smokers: standard, preferred and preferred plus. Depending on how much you smoke, you will be ranked accordingly and subsequently charged. Of course, those with the lowest intake of nicotine will get a cheaper premium. You are also rewarded when you decrease your nicotine intake or stop altogether, with discounts or reduced premium rates. But there will be a specified duration, kind of like a trial period, wherein you have to sustain your reduced habits before you are re-classified. Insurance companies in Oklahoma will vary in terms of defining a smoker and also in the specification of the trial period.

The life insurance industry has certainly become tougher and more competitive over the years. They simply can not ignore a significant market such as smokers. Therefore they have devised a way in considering these risks. You can see this for yourself by entering your zip code to get multiple free quotes. And hey, it’s not yet too late for your dad to get a life insurance!

Can someone still be considered for life insurance policy in Wisconsin if he/she is a smoker and asthmatic at the same time?

Fredrick

Green Bay, WI

Someone may be considered for life insurance policy but the rate may be so expensive. Aside from having a smoker’s rate, which is thrice the amount of the standard premium or a non-smoker’s rate, there will also be an additional charge to their life insurance policy because they are asthmatic. If you are asthmatic, it would be beneficial to your health if you pay a visit to your doctor to monitor your asthma, at least two times in a year. This will also show the life insurance company that you condition is under control. There is a list of goals of asthma treatment that the National Institutes of Health set. You can use this during your medication. It would be best to postpone your life insurance application until you can show the life insurance company in Wisconsin that you meet these goals.

As for your smoking habits, you should consider quitting to improve your health further rather worsening your asthma condition. Remember that even if you do not have asthma, your life insurance premium can still be very expensive since a smoker’s rate is three time that of a non-smoker’s rate.

I just can’t quit! Would insurance companies here in Houston Texas TX still be willing to provide me coverage under this condition?

Kathleen

Houston Texas TX

Don’t you fret, Kathleen. Securing life insurance is easier now than it has ever been for smokers! The National Center for Health Statistics here in the US conducted a survey which found that in 2006, more than one-fifth of all adults (people aged 18 and above) in the US were smokers. Such a huge percentage of the population certainly cannot be left uninsured forever. Recognition of this fact may have been one of the reasons why insurers in the US, including Houston Texas TX now offer smoker life insurance.

Let’s face it – smoking does endanger your health. Smoker life insurance also recognizes this fact and is crafted specifically to encourage you to quit. Don’t take me wrong, you still are provided life insurance coverage even if you can’t quit, but they do offer discounts if you quit. If this is something that you may be interested in, I suggest you do some shopping first – enter your zip code in the online forms and get free quotes for smoker life insurance in Houston Texas TX. Get as many quotes as you can since they’re free anyway, and then try to compare the extent of coverage vis – a –vis the cost to get the best value for your money.