Some companies are much more favorable towards
smokers than other companies.
There are several life insurance companies that offer lower rates for
smokers than other companies.
There are several life insurance companies that offer lower rates for
smokers than other company.
Not exact matches
However, they are cheaper
than any
other company in our sample for
smokers and seniors.
Some of the life insurance
companies will be more
smoker friendly
than others and this will reflect in their premiums.
For example, some life insurance
companies may charge a higher premium for
smokers than others.
Rather
than pay the extraordinary
smoker premiums, why not consider applying for an annual renewable term (ART), which is just a 1 - year term, from someone
other than this single
company.
However, there are some
companies that are better for former
smokers than others and are more willing to offer affordable rates.
So while you will pay a higher life insurance premium as a
smoker than a non-
smoker will, you'll still pay less for a policy with Banner
than just about any
other top 10 life insurance
companies.
However, they are cheaper
than any
other company in our sample for
smokers and seniors.
Also keep in mind that there are insurance
companies that will take into consideration if someone is a light
smoker or uses
other forms of tobacco such as cigars, pipes and chewing tobacco for a lower premium
than a classic cigarette
smoker.
With some insurance
companies, you could end up paying as much as three times more
than other applicants that aren't in the
smoker's category.
Those two deals are nearing ancient history now and except for the
companies that will allow tobacco use
other than cigarettes at non smoking rates, well, it's no fun being a
smoker and paying
smoker life insurance rates.