If you use chew or alternate tobacco like cigars some of the larger life insurance companies have made the the premiums less expensive than if you smoke. The carriers have decided that cigarettes have a much higher effect on your mortality over chew, cigars or pipes.
Chewing tobacco life insurance
What this means to you is that it is possible to find truly affordable Chewing Tobacco Life Insurance, Term and or Permanent Life Insurance coverage that wont break the bank. Tobacco in the form of Chewing is not looked as as harsh as smoking with many of the largest life carriers. By obtaining chewing rates you could save some money if the carrier’s underwriting does not classify you as a smoker.
If you are a smoker or chewer you should contact your local life broker/agent or go on-line and do a search for a professional. Get in contact with a life insurance brokerage that is a multi-carrier agency which represents 10 plus of the largest life insurance carriers with good tobacco rates. The great thing about brokerage agencies is that they have up to minute access to the carriers that offer the best quote and rates. But keep in mind if your life agent is a captive agent they will most often try to sell you their primary carriers products only.
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. That would typically be a Standard or Standard Plus Non Tobacco rating. If you have quit for two years up to three years then you may qualify for Preferred Rates. The reward for not smoking for five years is that you may qualify for the very best rates if all other health is good. That is if you qualify per the carriers guidelines on all there other health categories.
How this relates to you is that it will give you a great idea of how much money you will end up spending on your new life insurance policy. Now if you still smoke well then you will simply have to qualify as a Smoker. If you don’t quit smoking you’re rates will be higher and that’s the end of the story. Ask yourself if the smoking is worth it while you are paying higher premiums. Hey I’m not knocking you here I do chew tobacco on occasion and I used to smoke as well that’s why I’m writing this post.We want this article to help you be able to locate the most affordable cheapest life insurance to protect your business or family.
How to find the best Tobacco Term Life Insurance plans
Next step in the process is first locate an experienced life insurance agent or broker. Ask and insist that they have at there disposal at least ten or more of the top carriers! If they are not appointed with at least ten companies ask them why and make sure the answer is really good. Ask them if they work with a BGA (Brokerage General Agency) that has a multi-carrier platform. It’s possible to get some weird vibes from your broker now because they know now you know what your talking about. Having more than one life insurance agents or brokers illustrate you a couple of different quotes is beneficial!
Tags: chewing tobacco life insurance, smokers life insurance, tobacco life insurance
