Smokers Term Life InsuranceCoverage For SmokersWhat Every Smoker Should KnowAs a smoker, you probably think that you can't purchase a good quality term life insurance policy. This isn't true. The premiums you pay may be higher because you are a smoker, but you can get smokers term life insurance. The insurance provider can do a urine test to determine how heavy a smoker you are since it will measure your nicotine levels. This will classify you as a light smoker, a moderate smoker, or a heavy smoker, and they will base your premiums on this classification. Just be sure to be honest on your insurance application. If you have been smoke free for awhile, your premiums could reduce. Are All Insurance Companies the Same?The answer to that question is no. Each life insurance company can use different underwriting criteria to decide if you would fit in their smoker classifications or not. If you have used tobacco within the past year, then most likely you will be classified as a smoker. However, some companies may say any usage within the past five to ten years will qualify you as a smoker. As a smoker, your insurance premiums could be as much as three times higher than those of a nonsmoker. The reason behind this is because 87% of lung cancers are caused by smoking. You can reverse the damage that you have received due to years and years of smoking by quitting now. If you have stopped smoking for 10 years, then you cut your risk of getting lung cancer in half. If you stop for 15 years, then your heart disease risk is the same as it is if you have never smoked before. Can Smokers Get Life Insurance?History shows you that most life insurance companies have went for the same type of person, a male that is healthy. Now with all of the competition that is out there between the insurance companies, smokers term life insurance rates have drop vastly, and companies are targeting smokers for their business. Today's life insurance companies have finally realized that smokers make up of at least a quarter of the United States population, and that they shouldn't be ignored. Normally, as a smoker, you will have a harder time finding life insurance; however, some life insurance companies now offer smokers term life insurance designed specifically for that demographic. The best thing is that it is affordable. You can even get a free online quote for smokers term life insurance. You may find a company that can save you a lot of money, even if you do smoke. Sure, smokers generally pay more than nonsmokers do for term life insurance, but there are some companies out there that will give you a good deal for quality smoker's term life insurance.
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