The security of your information is extremely important to us! We are registered and comply with the Data Protection Act (1998) NO:Z2656971> Life insurance for smokers. Don't overpay just because you smoke: compare the whole market and save up to 40% on life insurance for smokers.
If you want to take out life insurance one of the first questions will be "Are you a smoker?". However, smokers can still get life insurance if they know where to look.
Do smokers pay more for life insurance?
The bottom line is smoking is not only bad for your health but also bad for your wealth. A number of variables go into valuing a life insurance policy, and the risks associated with smoking are factored into the cost of the premiums
Studies have shown that premiums for a 30 year old smoker can cost 30% more and potentially twice the price for a smoker aged over 50.
When your premiums are expected to be higher it makes it even more important to search the market for the absolute cheapest quote. Complete our short form and we will get to work to find you the cheapest life insurance policy available for a smoker.
If you have used any of the following in the last 12 months the life insurance company considers you a smoker:
- Cigarettes
- Smoking pipe
- Cigars
- Nicotine patches / gum
- Chewing tobacco
Could I tell a white lie?
Presumably it is tempting to lie about smoking as it will result in lower premiums, however we strongly suggest no doing so. Life insurance run checks on approximately 20% of applicants medical histories to check on use of tobacco, but more importantly if the life insurance company discovers that the policyholder was in fact a smoker when they declared they were not, then they may pay out zero. Usually they will simply reduce the amount they pay out, in line with the reduced premium the policyholder was paying. To reiterate the point though, the life insurer could pay out nothing.
Cheaper life insurance for smokers
Smokers will always pay more for life insurance than non-smokers. We cannot eradicate this fact, but we can search the market and find you the lowest rate. Just complete our short form and we’ll get to work.
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