Best Term Quotes For Smokers

When it comes to California life insurance and cigarette smoking, there is no one carrier or kind of coverage that one can promise as being the appropriate value. though rates for smokers are always higher, the difference increases more as one gets older. Age and gender also affects which carrier is the best value.

What should you divulge about your smoking habits? The short answer is to always tell the truth. Nicotine and cocaine are two drugs that insurance companies always test for. These are sophisticated tests that can distinguish between current use and second hand smoke. Remember that more often than not, there is a two year contestability clause per policy that handles fraud in the application.

Will any organization give non-smoker rates to smokers? Some carriers will give smokers a reason to stop smoking by allowing premiums at a standard non-smoker rate for three years. But this is only on permanent policies. If you have stopped smoking during that period of time, you have the option of continuing with the lower premium, or else the rate will increase to smoker rates.

Not every insurance company considers cigar or pipe smokers to fall into a smoker’s category, and there are drastic differences. This is also for people who use a nicotine patch to aid them in quitting smoking.

Most insurance companies will permit a non-smoker rating after a single year of no nicotine, and that rating can improve over time. A good agent will go over your smoking history in detail before suggesting the best value for your needs.

In my experience, more smokers than not want to stop. In order to qualify for term insurance at non-smoker rates, previous cigarette smokers must have stopped for a minimum of one year. If you have recently quit, tell your physician and discuss an appropriate notation being made in your record.

If youre in this situation you may consider the purchase of a 10 year term policy. The good part about this policy is that it is usually less expensive that a shorter term one, and there is no reason to pay for a longer guarantee.

Do not forget that you will generally be able to get a better rating in a few of years, and a lower premium to boot, despite the fact that you are older. Consequently, in most cases, there is no reason to pay for a longer guarantee on a policy you intend on replacing.

Leonard Robbins in an independent California life insurance agent with over 25 years of experience helping tobacco users obtain the best price for their premium dollars. Contact him at LifeNet Insurance Solutions