Life insurance is one of the most important purchases that you’ll ever make for your loved ones. It’s one of the only ways that you can ensure that your family will have the money that they need, regardless of what happens to you. When you’re shopping for life insurance protection, the insurance company is going to review dozens of different factors in determining how much they are going to charge you for your coverage.
One of the biggest factors that they are going to look at is if you use any tobacco. If you’re a cigarette smoker, then you’re going are going to give you drastically higher rates for your insurance plan. Smokers are at a much higher chance of being diagnosed with severe health problems like lung cancer or a heart attack. One question that we get a lot at MillionDollarLifeInsure.com, is “how are cigars going to impact my life insurance rates?” and that’s a great question. Is the insurance company going to view cigar smokers the same as cigarettes smokers?
Cigar Smokers vs. Cigarettes Smokers
When you apply for coverage, your tobacco usage is going to impact your rates. Depending on the life insurance, they are going to view your cigar smoking differently. Some insurance companies are going to view your cigar smoking just like smoking cigarettes, depending on how often you smoke cigars. Other insurance companies will still give you non-smoker’s rates.
As an applicant that smokes cigars, then it’s vital that you find the perfect insurance company for you. Picking the right company is the difference between getting an affordable non-smoker’s policy, or getting an expensive plan that’s going to break your bank every month.
Most insurance companies are going to allow you to smoke a certain number of cigars every year before they charge you smoker’s rates. Some companies will allow you to smoke one cigar every month and will still give you non-smoker’s rates. Other companies are automatically going to give you smoker’s rates, regardless of how often you smoke a cigar.
On the other hand, if you’re a cigarette smoker, then you’re going to be facing a much higher insurance rates. In fact, cigarette smokers are going to face at least twice as much for their insurance coverage. One of the most common reasons that people don’t buy life insurance is because they assume that it’s going to be too expensive. Even as a smoker, there are several ways that you can get affordable life insurance. You can’t put a price on the peace of mind that your life insurance will bring you.
Getting Lower Insurance Premiums as a Cigar Smoker
One of the most important things that you can do is find the perfect company. There are hundreds of companies on the market, which means that you could spend weeks looking for the best policy. Every insurance company is different and all of them are going to give you drastically different rates depending on their medical underwriting and rating system.
The best way to ensure that you’re getting the best possible plan is to get quotes from dozens and dozens of plans before you decide which plan is best for you. Instead of wasting hours and hours calling all of those companies, let one of our independent brokers do all of that hard work for you. Unlike a traditional insurance agent, our brokers work with dozens and dozens of highly rated companies across the nation. Our agents work with the best companies for cigar smokers, and we know which companies are going to give you the lowest premiums based on your application.
Another way to save money is to improve your overall health. Before the insurance company approves your application, they’re going to require that you take a medical exam, and the results of the medical exam are going to play a huge role in how much you pay every month. If you want to save money on your insurance plan, you need to get results. The two best ways that you can do that are by getting regular exercise and making healthy diet choices. Both of these can help you lose weight, lower your blood pressure, and reduce your chances of being diagnosed with any health complications. Losing weight can lower your premiums by 50% or more.
Life Insurance for Cigar Smokers
If you’ve ever been given expensive life insurance rates as a cigar smoker, then don’t worry. There are several options for affordable life insurance coverage. Life insurance is one of the most important investments that you’ll ever make for your family. If something tragic were to happen to you and you didn’t have insurance coverage, your family would be left with a massive amount of debts and other final expenses. Losing someone that you love is never going to be an easy situation, but being left with thousands and thousands of dollars of debt is going to make the situation a thousand times worse.
If you have any questions about getting life insurance as a cigar smoker, then please contact one of our agents today. We would love to answer those questions and ensure that you’re getting the best insurance plan possible. You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the insurance coverage that your family deserves.