By: Peggy Mace

Peggy Mace — Tue, 18 Jun 2013 14:18:04 +0000

If you smoke cigarettes, Life Insurance rates run approximate three times what they would be for a nonsmoker. With very competitive smoker rates, the difference is not quite as much; with a health condition combined with smoking, the difference in premiums could be much higher. Smoking an occasional cigar does not have much effect on rates at all, however. And even a daily cigar can qualify for nonsmoker rates with a few companies. Unfortunately, there is no break for those who are social cigarette smokers except that can be rated Preferred Smoker if their other health and risk factors are Preferred.

By: Richard Eddy

Richard Eddy — Tue, 18 Jun 2013 14:15:48 +0000

The short answer: Much more expensive than if you didn't! Rates for smokers tend to be twice (or more) as expensive as rates for non-smokers. Some life insurance companies are better suited to smokers than others, so keep this in mind if you are shopping for a policy. An independent agent who has access to a wide variety of carriers can find you the best rates for your particular situation.

New answer on: How Much Is Life Insurance If You Smoke?

By: Peggy Mace

By: Richard Eddy