Smokers Life Insurance Rates are still affordable!

II’ll bet that you didnt know that Smokers Life Insurance rates can still be affordable you just have to know who to speak to and which carrier to shop.  Most life insurance companies will rate up your premiums sometimes by fifty percent if you smoke or are a tobacco user of some sort. 

If you can save money on your life insurance premiums even if you smoke isn’t that worth the time reading our story

Most company underwriting guidelines want to see that you have not used any form of tobacco for one year in order for you to get Non Tobacco premiums.  That would typically be a Standard or Standard Plus Non Tobacco rating.By quitting your smoking habit for over two or three years it’s possible to qualify for the best or close to best rates.Quitting for five years or more will allow you to obtain the top rates available.  That is if you qualify per the carriers guidelines on all there other health categories.

Smokers Life Insurance possible rate classes below

No cigarettes or tobacco 5 years or more: Possible Best Quote
No tobacco of any kind 3 plus years equals: Possible Preferred Quote
No tobacco or cigarettes for overr two plus years: Possible Preferred or Stadard Plus Class
No cigarettes or tobacco 1 year or more: Possible Standard Rate Class

What this means to you is simply how much you are going to pay for your life insurance premiums, plain and simple.  Now if you still smoke well then you will simply have to qualify as a Smoker.If you dont quit smoking you’re rates will be higher and thats the end of the story.If you are honest with yourself you might just decide to quit smoking to save on the premiums.  Hey I’m not knocking you here I do chew tobacco on occasion and I used to smoke as well that’s why I’m writing this post.  I want you to be able to find quality low cost insurance to protect you and your family or business. 

Here is the good news, life insurance prices are especially term life are cheaper than they have been in years due to modern medicine extending mortality and the carriers competing with each and running a more efficient company.  So we all know how much everyone hates to pay insurance premiums but this is the one insurance the once you have it in force gives you a sense of (hard to explain) calmness?You will sleep a lot better at night knowing that you have this coverage in force for you and your family.

So here is what you do, find a good Life Broker or Agent.Ask and insist that they have at there disposal at least ten or more of the top carriers!  If they are not appointed with at least ten companies ask them why and make sure the answer is really good.  Ask them if they work with a BGA (Brokerage General Agency) that has a multi-carrier platform.It’s possible to get some weird vibes from your broker now because they know now you know what your talking about.You should and need to get a number of separate quotes and from different brokers!

When it comes to Term Life Insurance premiums a lot of the time how much does it cost you will drive the decision on the carrier.You should purchase the most you can absolutely pay for and really now stop the smoking!

Related posts:

1. Tips and information you need to know so you can get the best life insurance rates!
2. How to buy Term Life Insurance!
3. Survivor Term or Permanent Life Insurance are powerful tools in planning your estate!
4. How do you find a great life insurance agent or broker online?
5. Looking For Affordable Auto Insurance In The State Of Michigan?