Life insurance for smokers is like car insurance for accident-prone teenagers: usually much more expensive and at least a little harder to find than “regular” insurance. A typical life insurance company will raise your rates to about two or three times as much if you have smoked in the last five years, since ample studies have shown that smoking increases the risk of serious health problems such as lung cancer, heart disease and stroke. While you should always be honest about your smoking habits on life insurance applications – and all life insurance providers will ask you if you smoke – you should also look for insurance providers that will offer you competitive rates even though you smoke.
For example, Quality Insurance Services offers great smoker life insurance. Rates are based primarily on the types of tobacco products you smoke. Depending on whether you smoke cigarettes, cigars or pipes or if you chew tobacco, your rates might skyrocket with many life insurers, but Quality Insurance Services will do all it can to make your rates as low as possible.You might be able to receive a discount if you put multiple smokers on the same policy. There also might be other discounts available from different providers, so check regularly with different insurers to see whose rates are the best. Then go with the insurer that gives you the most bang for your buck.
SmokerInsurance.com also promises you discounted rates on smoking life insurance. You should look at that website and get a free quote to help you decide whether its kind of smoker insurance is right for you.