Most people tend to believe that finding a life insurance for smokers is like

finding a needle in a haystack. It is true that smokers tend to pay more for life

insurance - about four times more than people who do not smoke - it is not

impossible to find an insurance with the best coverage, and quotes. With some

effort, you can find a relatively cheap insurance for smokers. You must learn how

to research, snoop around, and compare life insurance quotes between

companies to find a policy which you can afford.

The process of a life insurance company deciding on rate for a certain individual

depends on the current health status but also lifestyle factors that may affect their

health in the future. Therefore, a person who is young, health, and has a active

lifestyle which does not involve any risky activities will have to pay lower rates

than someone who does. Smoking has been proven to contribute to not only to

lung cancer but also other diseases, the company will instead of placing this

person in their standard rates, he or she will end up into a smoker’s life category

to make sure the company will be able to provide for the added health risk.

Knowing your personal smoking risk and finding the best insurance company to

suit your needs and risk are two important keys to getting the best smoker

insurance rates. Of course, another factor will be the type of insurance you will

purchase. Term life insurance is the type of insurance for anyone looking to get

life insurance in it’s cheapest form. It is a very simple life insurance. After paying

a premium, you get a set of dollars as coverage. There are no investments or cash

value to factor in, which in effect term life insurance will give you the best rates

for you.

Of course, the final factor will be the smoker’s current health and lifestyle apart

from smoking. A healthy lifestyle will pay off. Watching your weight, good

exercise, and maintaining good health are important factors which can greatly

help. Choose to work with an independent agent who will lead you to the best

company that rates your lifestyle for the better.

Will you get lower rates if you quit smoking? Sadly no if it hasn’t been at least a

year for some companies to drop the term smoker from your application. Other

companies require two years or longer to not list you down as a smoker. Also, do

not lie and say that you are a non-smoker, this is a form of insurance fraud.

Insurance companies are top notch at smoking out frauds and when you pass

away, this could result to them refusing to pay out the policy to your loved ones.

It will defeat the whole reason why you purchased the policy.

In conclusion, it is not impossible to find a life insurance for smokers. Smokers

are a huge part of the life insurance business as most Americans nowadays

smoke. There is an insurance out there that will suit your tastes so no need to

hide the fact that you smoke just so you can pay for less, because at the long run,

this could greatly benefit you and your loved ones. If you have any questions on

how to buy term life insurance online please leave them below.