shopify analytics ecommerce
tracking

Smoker Life Insurance

Life Insurance For Smokers

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.

Life insurance companies are in business to make money, premium cost depend on how long the applicant is expected to live.

A person who does not smoke is likely to live longer than a person who smokes, a smoker is like to die sooner than a person who does not smoke.  Cigarette smoking cause disease.

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

  • Preferred Plus or Select - Generally this category is for people in excellent health and those who do not engage in any hazardous occupation or avocation.

  • Preferred or Select - These people are in good health but their health and medical history is not as good as the category people in the above category.

  • Regular Plus or Standard Plus - These people are in good health but their health and medical history is not as good as the category people in the above category.

  • Regular or Standard - This category is for people who do qualify for a policy but are not in the most excellent physical condition.

Smoker Vs. Non-Smoker Cost

Each of the above categories are divided into 2. The lowest and most favorable life insurance rates are charged to the applicants who do not smoke. The smoker rate is a little higher than the non-smoker rate.

Riders

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.

  • Waiver Of Premium - If you select the waiver of premium rider and become disabled the company will waive your premiums after you are incapacitated for at least 6 months. Whenever you go back to work you start paying premiums again.

  • Accidental Death Benefit - The accidental death benefit rider provides that if you should die in an accident, for example an automobile accident, the life insurance company will pay twice the death benefit to your beneficiary.

These riders apply, if you select them, whether your policy is characterized as a smoker life insurance policy or a non-smoker policy.

Home

Tools And Resources

Life Insurance Need Calculator

Recent Articles

  1. Term Life Insurance Conversion - Term To Permanent Insurance

    A few years ago you purchased your term life insurance policy. You pay a very inexpensive premium. You have recently discovered that a hereditary disease will likely rear its ugly head.

    Read More

  2. Term Insurance Policies Explained - How Term Life Policies Work

    Interested in term insurance policies? Want to know how they work? Take a quick look and see which one best fits your needs. Term insurance is temporary insurance. Term policies, in other words, offer…

    Read More

  3. Term Insurance Details - Term Life Insurance Policies Explained

    Want to know how term insurance works? Want to find out which policy, term or permanent, is best for you? What I want to do here is give you a basic and general outline of term life insurance policies…

    Read More

  4. Term Insurance Quotes - Best Term Life Insurance Quotes

    Term insurance quotes from high level life insurance companies should be the order of the day for anyone seeking life insurance. There are about 2000 life insurance companies willing to sell you a pol…

    Read More

  5. Life Insurance No Exam - Life Insurance Without Physical Exam

    Want to buy some life insurance no exam required? It is much easier to get than most people think. Yes, the life insurance company protects itself but if you give them the facts you will get a good po…

    Read More