Finding an Affordable Smoker Term Life Insurance Policy
Are you a smoker looking for low cost term life insurance?
If so, it may be more affordable than you might expect. The quickest and easiest way to find the lowest rates on smoker’s term life insurance is to request a free quote on the internet.
You just fill out a short quote request form and you instantly receive the best quotes for term life insurance from more than 40 of the leading life insurance carriers.
What is term life insurance?
Term life insurance is temporary life insurance offers coverage for a period of 10, 15, 20 or 30 years. It is the lowest priced life insurance.
How much is life insurance for smokers?
In the past, most smokers would pay 2 to 3 times more for their life insurance compared to non-smokers.
However, now life insurance companies have more categories for rating which look specifically at what you smoke, how often you smoke and how much you smoke. This way, you are placed in one of several categories that best matches your particular type of smoking, and you get the lowest rate you deserve rather than just one rate for all smokers.
Why do smokers pay more for life insurance?
Since smoking is linked to heat disease, lung cancer, emphysema and a shortened life expectancy, smokers do pay a higher premium for life insurance because there is a greater risk of a smoker dying sooner than a nom-smoker.
Can smokers buy life insurance without taking a health exam?
Yes, smokers can purchase a life insurance policy without taking a health examination. No exam life insurance plans are available online for smokers and non-smokers. You may qualify for up to $400,000 of life insurance without an exam. And, if you are approved, you can start your life insurance within 48 hours. But, keep in mind, rates on life insurance with no exam are usually at least 10% higher than life insurance that does require you to have a physical. Here's how to get no exam life insurance coverage.
Do life insurance companies insure all types of smokers?
Whether you smoke tobacco, marijuana, cigarettes or cigars, you may be able to qualify for affordable term life insurance. If you smoke marijuana some insurers may offer you life insurance coverage, but it may depend on the law in your state, and whether you smoke marijuana for medicinal purposes, or not.
Life Insurance Quotes for Smokers
Top Pick – JRC Insurance Group
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