Smoker Life Insurance Help Texas TX
Reader’s Question:
I have been smoking for 3 years and I need life insurance coverage. I have heard from my friends in Texas that smokers get high insurance premiums. How true is this? How can I get cheap smoker life insurance even if I am a heavy smoker?
Janah
Austin, TX
How are you today, Janah?
I am very glad you are looking into securing your future. Getting a life insurance is certainly one of the wisest decisions you can make, aside from quitting smoking. Yes, you heard me right on this. You better start to quit smoking now if you wan cheap life insurance.
Life insurance companies would see to it that they are investing their money well. Normally, premium rates are based on risk factors of policyholders. You can try to investigate from your friends who have smoker life insurance in Texas. Let say two people each have a life insurance from one company with varying levels of smoking rate: one is a heavy smoker and another is occasional. Any life insurance company would take a look at it this way: the heavy smoker is potentially a higher risk of premature death due to complications caused by smoking compared to the occasional smoker.
It doesn’t really mean that since you are a heavy smoker, you will be tied to a very expensive premium forever. Your life insurer actually encourages you to quit b y giving discount to smokers who give sufficient evidence that they are trying to quit or at least trying to reduce smoking.
If I were in your position though, I would really start to quit smoking. You do not only help your body become healthier and less prone to illnesses, you also get to save a significant amount on life insurance premiums.
I hope this helps you, Janah!
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