Life Insurance Quotes: When a Smoker Should Apply

CHARLOTTE, N.C., Oct. 6 /PRNewswire/ -- There are many factors evaluated by companies when people are given life insurance quotes. One area that has a huge impact on rates is whether the candidate is a smoker or non-smoker. If a person is considering quitting smoking purely to reduce their life insurance quotes, there are a few items they should keep in mind. LifeInsuranceQuotes.net provides insight on when to apply.

There is an obvious link between quitting smoking and low-cost life insurance. When a person is applying for life insurance states that they are a smoker, they are automatically placed in a higher risk category. This is because they have a greater risk of developing lung cancer, emphysema, throat cancer, mouth cancer, stroke, heart attack, circulatory issues and other additional health issues. When a person quits smoking, they can eventually be placed in the non-smoker category and enjoy lower life insurance quotes. The amount of time that must lapse varies from providers, but it is generally between one and five years.    

If a person has a family to care for, experts would recommend obtaining a life insurance policy and then updating it for lower rates when the new non-smoking status will apply. This is recommended because a situation can occur that can result in a person's death at any time and if they are not covered, their family will not be financially protected by a policy.

Something a smoker does not want to do is state they are a non-smoker on an application. Nor do they want to update their policy to state they have quit smoking when they have not. Most life insurance companies will require a health exam, which can verify the clarity of the candidate's lungs, pulse rate and other determining factors. These results can also be affected by nicotine patches and gums.

Life insurance companies vary when it comes to coverage for candidates and how long a person must be smoke-free before they can be covered under a lesser risk category. Experts recommend getting quotes for both and finding out how long a person must be smoke-free to fall into the non-smoker rate. Then evaluate the costs and choose a company from this point.

About LifeInsuranceQuotes.net:

LifeInsuranceQuotes.net connects consumers with agents who will offer free life insurance quotes. Simply enter your basic information and you will be contacted by agents in your local area offering you the most comprehensive policies for competitive rates. All you have to do is choose the policy that is right for you. To learn more about choosing a life insurance agent and to get free quotes on life insurance, visit the website.  

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SOURCE LifeInsuranceQuotes.net