If I smoke cigarettes or use tobacco, does that affect my insurance rates?

The answer is yes, it will but you still can get competitive rates for smoker life insurance.

Some insurance companies charge less for tobacco use than others.

If you smoke cigars occasionally or chew tobacco once in awhile, a few insurance companies will still offer preferred non-smoker life insurance rates.

Also, if you get a life insurance policy that includes a rate for tobacco use, it’s possible to lower it in future years if you quit tobacco for a number of years and remain healthy.

After you quit smoking, you can request a re-rate on your life insurance form the life insurance company. This could save you quite a bit of money per year on your life insurance premiums.

Here are some more FAQs on Smoker Life Insurance