If you are a smoker, you have probably heard many horror stories about life insurance. In fact, you may have even been told that it is impossible to purchase life insurance for smokers. While it is true that
some insurance companies are reluctant to give a life insurance policy to a smoker, many smokers can get a policy with affordable quotes if they know where and how to look.
When it comes to purchasing life insurance for smokers, the most important step you can take is to work with an agent that specializes in these types of policies. By selecting an agent that works with a number
of different insurance companies, you will be more likely to find a company that will provide a competitive rate. Furthermore, by working with an agent who specializes in obtaining life insurance for smokers,
whether nicotine or marijuana smokers, you can be sure he or she has the right connections to get the best rates possible.
While there are insurance companies out there that specialize in providing life insurance for smokers, there are a few things you can do to help bring down your rates. These include:
" Quit smoking - the most obvious step you can take to bring down your life insurance rates is to quit smoking. It should be noted, however, that some life insurance companies will not lower their
rates until after a smoker has quit for two or three years.
" Cut back on the smoking - some insurance companies will charge
less if you only smoke a cigar on occasion, but do not smoke cigarettes
" Don't chew tobacco - many insurance companies will still consider you to be a "smoker" even if you use smokeless tobacco products
If you do chew tobacco, but you do not smoke cigarettes, an agent who specializes in live insurance for smokers will be able to find a company that differentiates between the two when giving a price quote.
Although you will not receive the best price quote possible, you are likely to get a better quote than you would if you smoked cigarettes. This is because you are still at an increased risk of certain cancers
when you chew tobacco.
The bottom line is that you can still get life insurance even if you are a smoker or use smokeless tobacco or any other nicotine product. In order to get the best prices, however, it is a good idea to quit
smoking and to work with an agent who specializes in life insurance for smokers and life insurance for nicotine users who may suffer from other health issues.
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