Why Do You Pay More For Smoker Life Insurance?
- Author Marc Nelson
- Published June 12, 2011
- Word count 474
Smoking has been linked, definitively, to heart disease, cancers, lung disease, and other respiratory problems. Life insurance firms base their rates on an individual’s life expectancy. The life expectancy calculations are based on medical studies done by either in house research departments or third party scientific studies. You may have a family history that suggests you could be all but invincible to the effects of cigarettes because Uncle So-and-so and Grandpa Whoever lived until the ripe old age of 102, smoked 3 packs a day, and died in a car accident, but this means nothing to the insurers. If you smoke, you are statistically more prone to developing a disease caused by smoking and, as such, your rates will be higher. There are a couple of companies out there that might take your anecdotal evidence into consideration, but you will still be deemed a high risk compared to a non-smoker.
Your life insurance company would prefer you live longer:
They don’t particularly care about you as an individual (though some companies do). They care the most about their profit margins and the longer you live and pay premiums the less soon they will have to pay out a death benefit. As a company that wants to collect premiums for as long as possible the whole life insurance underwriters will often offer lower rates to people who are expected to live a very long time. Your chances are fewer if you smoke, but this doesn’t mean you can’t get a decently priced smoker life insurance policy. Ignore the ads you keep seeing online, on billboards, and on the walls of your car and home insurance offices – you won’t get that price so you need to adjust your expectations.
Competition abounds in the smoker life insurance world:
Because life insurance is incredibly competitive today you will see tons of information that you never used to see. Before, they were constrained to TV and Magazines, but now they have the internet for promotion and as such the market has opened up wide. Do some comparison shopping and you will find that you will be able to find some decent rates. Keep in mind, too, that the amount you smoke could affect your rates. If you smoke a cigar once every year or one cigarette in a week you may be less of a risk than someone who smokes a pack a day. They will often reward you for less smoking.
The internet has not only made it easier for you to find information, but it’s made it easier for you to get multiple smoker life insurance quotes from many companies in one place. All you will have to do on an online quote system is answer a few questions and you’ll receive quotes from companies that service your area – usually within moments!
It is now easy to obtain knowledge on smoker life insurance freely and within a very short time.
The best advice for getting the best over 50 life insurance is to shop around.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- “Through the Mist of Venice: Revisiting Don’t Look Now and Its Haunting Grip on Grief.”
- The Art of Coaching: Cultivating Growth and Inspiration
- Creating a Holistic Backyard Retreat: Old World Elegance Meets Nature
- Understanding T1 and T2 Transit Documents in EU: Your Complete Guide
- Cryptonews.money: Your Ultimate Guide to Understanding Cryptocurrency
- 15 Basketball Dribbling Games and Passing Drills for Better Ball Handling
- Transdermal Progesterone Cream: Benefits for Hot Flashes and Menopause Symptoms
- Tepezcohuite: The Ancient Skin Health Secret You Need to Know
- Quiet Cars and Busy Calendars: The Overlooked Role of Chauffeurs in Post-July Corporate Travel
- 1031 Exchange
- Breaking Karmic Cycles, Creating a Shiva Altar with Deity Carvings and Sculptures from Mogul Interior
- The Art of Whimsical Carved Wall Art & Eclectic Décor
- “Hellfire and Heresy: Ken Russell’s The Devils and the Fury of Sacred Cinema.”
- Transform Your Bedroom into a Productive Haven: Ultimate Guide to Bedroom Inspirations with Desk
- “Heatwave: When Crime, Character, and Two Legends Collided in Michael Mann’s L.A.”
- Steam Vs. Scrub: The Best Chemical-Free Tools For Cleaning Tile Edges And Grout
- A Smart Solution for Clean Environments: Hygienic PVC Wall Cladding
- Choosing the Right Stainless Steel Panel Adhesive for Durable Wall Cladding Installations
- How to Choose the Right PVC Panel Adhesive for a Professional Finish
- Precision Finishing with Steel Cladding Profiles and Trims
- The Finishing Touch: PVC Cladding Trim & Profiles for a Seamless Installation
- Lightweight Strength: Why Aluminum Cladding Sheets Are a Smart Choice for Modern Projects
- Durable and Hygienic: Why Stainless Steel Wall Cladding is the Industry Standard
- Transform Your Interiors with PVC Ceiling Panels and Planks
- Enhance Hygiene and Style with BIOMAX Coloured Hygienic Wall Cladding
- Add Vibrancy and Protection with PVC Colour Wall Cladding
- Superior Protection with Antimicrobial PVC Wall Sheets
- The Versatile Power of White Hygienic Wall Cladding Sheets
- Affordable Quality – Cheap Hygienic Wall Cladding That Doesn’t Compromise Standards
- Hygienic Panels and Hygiene Cladding – A Must-Have for Modern Commercial Spaces