Can smokers get a term life insurance policy?

Yes, people who smoke may qualify for term life insurance coverage.

With term life plans you can choose your term (duration) of coverage from 10, 15, 20 or 30 years. With level term life insurance your premiums are level each year for the term of your policy, while the amount of your life insurance coverage stays the same each year.

Smokers will pay a higher rate for their life insurance compared to non-smokers because smoking can lead to health prob...
Continue reading ...

Smoking, and other forms of tobacco use, are harmful to your health, and may shorten your life span. Smoking can reduce your life expectancy, which is the main reason rates for smokers are higher when it comes to life insurance.

It is not unusual for long term smokers to develop cancer of the lungs, throat or mouth. Many smokers also develop COPD or emphysema. 

Any of these chronic health conditions will shorten your life expectancy by years.

If the life insurance company ...

Continue reading ...

Is there life insurance available for people that smoke marijuana for medicinal purposes or recreational use?

Yes, now there are life insurance companies that offer life insurance protection to people who smoke marijuana.

In fact, some well-known life insurance companies now insure marijuana smokers for life insurance, including Metlife, Prudential, Transamerica, Genworth, and Nationwide, among others.

Since each company has their own set of guidelines for approval, you may want to compare rates...
Continue reading ...