May 25
Occassionally, I chew tobacco. Will this affect my term life insurance rate?
Believe it or not, most term life insurance companies treat all tobacco use including cigars, pipes and chewing tobacco in the same category as cigarettes. However, certain life insurance companies allow those that use pipe, cigar, or chew to qualify as non-smokers. This one difference alone can save you as much as 50% on your premiums!
My recommendation is to shop around and be sure to use a brokerage firm, like AccuQuote, to determine which life insurance company will give you the best term life insurance rate.
(No Ratings Yet)
Loading ...
Print This Post
May 31st, 2007 at 11:06 pm
When I was in the military, I served with a number of Marines who ONLY smoked and/or chewed tobacco during field operations. Away from that specific environment, they would absolutely not use tobacco at all. I wonder if a company selling insurance to these gentlemen would consider them users or not?
Jerry