Smokers Term Life Insurance Rates
Smokers Life Insurance rates can still be affordable you just have to know who to speak to and which carrier to shop. Yes it's true if you smoke your annual premiums could end up being almost double of what you non smoker counterparts end up paying. Don't worry though term life insurance rates are at their lowest point in years so don't be scared at looking into buying a new policy even at smoker rates.
Most company underwriting guidelines want to see that you have not used any form of tobacco for one year in order for you to get Non Tobacco premiums. With one year of no smoking or tobacco you could possibly qualify for their standard or standard plus rate classes. If you have quit for two years up to three years then you may qualify for Preferred Rates. If you have quit for over five years you just might get the best rates possible. That is if you qualify per the carriers guidelines on all there other health categories.
Quiting smoking and other tobacco could possibly let you obtain one of the rate classes below:
No cigarettes or tobacco 3 years or more: Possible Preferred Quote
No cigarettes or tobacco 2 years or more: Possible Preferred or Standard Plus Class
No cigarettes or tobacco 1 year or more: Possible Standard Rate Class
These are just guidelines, you will still have to go through underwriting on all the other health categories mandated by the insurance carrier. Even at smoker rate classes though you might be surprised to find how affordable the coverage still is, so get your quote anyway.
Hopefully my little article here has helped you in your quest to find the cheapest term life insurance plan in the marketplace. Make sure you work with a really good life insurance agent or broker to help you in your search for the best plan for you and your family.
Most company underwriting guidelines want to see that you have not used any form of tobacco for one year in order for you to get Non Tobacco premiums. With one year of no smoking or tobacco you could possibly qualify for their standard or standard plus rate classes. If you have quit for two years up to three years then you may qualify for Preferred Rates. If you have quit for over five years you just might get the best rates possible. That is if you qualify per the carriers guidelines on all there other health categories.
Quiting smoking and other tobacco could possibly let you obtain one of the rate classes below:
No cigarettes or tobacco 3 years or more: Possible Preferred Quote
No cigarettes or tobacco 2 years or more: Possible Preferred or Standard Plus Class
No cigarettes or tobacco 1 year or more: Possible Standard Rate Class
These are just guidelines, you will still have to go through underwriting on all the other health categories mandated by the insurance carrier. Even at smoker rate classes though you might be surprised to find how affordable the coverage still is, so get your quote anyway.
Hopefully my little article here has helped you in your quest to find the cheapest term life insurance plan in the marketplace. Make sure you work with a really good life insurance agent or broker to help you in your search for the best plan for you and your family.
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