If you happen to be a smoker and are looking for affordable life insurance, you may soon realize that high life insurance rates are just a part of life for those who use any sort of nicotine. The reason for this is simple to understand; smokers are more at risk for such things as heart disease, cancer and cardiovascular disease than are those individuals who do not smoke. The life insurance industry regards the following as tobacco products whose use may lead to you incurring higher insurance premiums:

· Pipes

· Cigars

· Nicotine Gum

· Snuff

· Chew

· Dip

· Cigarettes

· Nicotine patches

Usually, when you are applying for life insurance, the agent will inquire about your smoking habits, and ask you if you are a daily smoker, a social smoker or an occasional smoker. A daily smoker is of course, someone who smokes every day. A social smoker is a person who smokes on special occasions or when out with friends; maybe just a few times a week, while an occasional smoker is one who smokes in random situations only once a month or so. While all smokers will generally pay higher rates for life insurance than non-smokers, discounts may be available for those who are not daily smokers, as they pose less of a risk to the insurance company.

If you are a smoker and dread the thought of paying high premiums for your life insurance, you need to do a bit of comparison-shopping in order to get the best price for your life insurance policy. This research is best conducted on the Internet, where hundreds of insurance companies will provide free life insurance quotes for smokers. You should request quotes from a number of companies, then compare what each has to offer. When you are comparing each company’s quote, there are three things to be aware of: pricing, product quality and the insurance industry rating. The pricing is self-explanatory and the product quality refers to the policy itself. The insurance industry rating refers to the insurance company providing the life insurance quote, and a review of companies can be found by visiting the “Standard & Poor’s” website. Also, there are insurance companies who specifically cater to high-risk individuals. One of these insurance companies may be able to secure a lower rate for you in your insurance policy.

Even though it may be a bit time consuming, you can find affordable life insurance, even if you are a smoker. Be diligent in your research of companies and the different types of life insurance policies that are available. Who knows, maybe being faced with a high life insurance premium is the motivation you need to finally stop smoking!

Read more at the Life Insurance Information Center and receive a personal life insurance rate quote

Tags: Insurance, Life, Smokers

by CarbonNYC

Life insurance premiums are obviously going to be higher for those who smoke.  Smoking is related to a host of diseases and illnesses especially lung, mouth and throat cancers so the risk of contracting any of these illnesses rises significantly for people who smoke.  This means that the insurance company is taking a higher risk insuring someone who smokes than someone who has never smoked. This is why premiums are usually more expensive.

So if you are a smoker, you may think that there is nothing you can do except pay the high costs for your life insurance policy. This is true if you decide to go with a life insurance company which deals with standard life insurance policies.  But if you do not want to pay over the odds, you may want to look around for an insurance company which specializes in life insurance for smokers.  You should be prepared however, to expect to pay more than a non smoker no matter which insurance provider you go with.  But you may still be able to get lower premiums by looking around.

There are many ways in which a life insurance company may determine whether someone is a smoker or not.  For example, some insurance companies will consider you a smoker for insurance purposes if you have smoked in the past two or three years while others will determine your status as a smoker based whether you are smoking at the time you take out the policy.

If you have recently quit smoking it may be preferable to wait for a few years before taking out your policy but that may not always be possible.  If you feel that you would rather have your life insurance in place as soon as possible then it may be a good idea to search online to try to get the best deal.  You can get quotes from several companies with no obligation to buy.  This way you can compare the best products and you can get an idea of how much you will be expected to pay for your life insurance cover.

Although most people would love to give up smoking, for some it is just too hard.  But regardless of whether you smoke or not, it is possible to get a quality life insurance policy which will suit your requirements if you take the time to search for the best deals.

Always remember to check exactly what your policy covers with your insurer.

Tags: Insurance, Life, Smokers