Speak with an experienced advisor! 415-294-5454 Speak with an experienced advisor! 415-294-5454Procuring Term Life Insurance for Smokers is complicated. Understanding the frequency and type of tobacco used in of paramount importance. Smokers present many challenges for life insurance companies and their rating systems.
Smoking, beyond just about anything else with life insurance underwriting is probably the single biggest factor when determining insurance rates. Smoking or Tobacco status is so important that all insurers break them out into their own categorizations.
People that use any form of tobacco will inevitably pay more in life insurance premiums than non smokers or non tobacco users.
Smoking as most Americans know causes all sorts of health issues, per the Center for Disease Control (CDC), including, but not limited to:
Therefore life insurers take smoking extremely seriously. Generally speaking they will ask you on your life application and follow up with tests to confirm your smoking status. It is rarely in your best interest to lie or be untruthful about your smoking status when applying for any form of life insurance.
If you wish to purchase Term Life Insurance for Smokers please inform your life agent of your use.