Smoker life insurance! What is smoker life insurance policy really, is there a special policy for those who choose to smoke? The phrase may sound like there is a special plan for smokers but let me assure you this is not so.
What life insurance companies do is to charge a person extra if s/he smokes. Let us look at the varying categories assigned to applicants
Each of the above categories are divided into 2. The lowest and most favourable rates are charged to the applicants who do not smoke. The smoker rate is a little higher than the non-smoker rate.
Like any life insurance policy you have the right to add riders to your policy, the most common are the waiver of premium rider and the accidental death benefit rider.
These riders apply, if you select them, whether your policy is characterized as a smoker life insurance policy or a non-smoker policy.
Term life insurance is life insurance in it's simplest form. These policies stay in force for a specific number of years, for example, 5 years 10 years etc.
Whole life insurance is the plan of choice for many people. There are many variations to this plan.
Universal life insurance was designed with the express intention of combatting the venerable whole life insurance policy.
Are you looking for quality term insurance quotes? Have you determined how much you need? Do you know what type of term insurance is best for you?
In many cases it is a good idea to buy term insurance online. Some people know just how much life insurance they want to buy before they get online.