Life insurance is one of the most important investments that you’ll ever make for your loved ones. It’s one of the only ways that you can ensure that they will have the money that they need, regardless of what happens to you. When you’re applying for coverage, the insurance company is going to look at dozens of different factors when calculating what your insurance premiums are going to be. They are going to look at everything from your age to your hobbies.
One of the most important factors that they are going to consider is if you are a tobacco user. One question that we get a lot is about cigar smokers and how cigars are going to impact a life insurance policy. Several different components go into answering that question.
Cigar Smokers And Life Insurance
All smokers know that you’re going to pay more for life insurance, but this isn’t always true of cigar smokers. It’s important that you understand the life insurance process and get the best policy rates available to you.
If you’re only an occasional cigar smoker, there is a good chance that you can secure non-smoker rates. The difference between smokers and non-smokers rates is drastic. In fact, if you’re listed as a smoker on your application, you can expect to pay twice as much for coverage versus what a non-smoker is going to pay for the same amount of coverage.
Every insurance company is different, and all of them have various underwriting requirements, which means that they will view cigar smoking differently. It’s important that you find a company that is going to view cigar smoking more favorable, it could be the difference in getting an affordable policy or one that breaks your bank every month for your coverage.
Each insurance company is going to have different guidelines for how they determine an “occasional” cigar smoker, but most are going to view it as someone who only smokes around 8 -12 cigars a month. Some companies may allow more, while others are going to allow less.
Working With An Independent Insurance Agent
Because there are so many different companies on the market, it’s easy to see that it could take you weeks to find the perfect insurance company. Instead of wasting all your time calling different insurance companies, let us do all of the hard work for you. We aren’t traditional life insurance agents, we are a group of independent agents. We work with dozens of highly rated companies across the United States, and we can bring all of the lowest policy rated directly to you. No hassle, no hidden catch.
It’s our mission to ensure that you get the best life insurance plan for smokers at an affordable rate. We know that finding a quality policy can be a long and complicated process, but it doesn’t have to be. We are here to help connect you with the best coverage to meet your needs.
Getting An Affordable Life Insurance Policy
The most common reason that cigar smokers don’t get life insurance is because they assume that it’s going to be too expensive. In most cases, that couldn’t be further from the truth. There are several ways that you can secure lower premiums from the insurance company.
The first thing that you should do is improve your health through a healthy diet and by getting regular exercise. Both of these can help you lose weight, lower your cholesterol, lower your blood pressure, and much more. These will help you get lower rates from the insurance company by getting better results from the medical exam. It’s time to dust off those running shoes and put them to use.
The next thing that you should do is ensure that you’re getting the right amount of coverage to meet your needs. It’s vital that you aren’t paying for more life insurance than your family needs. The biggest factor that will impact your monthly premiums is how much insurance coverage that you’re buying. It’s important that you aren’t wasting money every month on life insurance that you don’t need. Before you apply for life insurance, you’ll need to calculate your debts and paycheck. Both of these are the biggest parts of your life insurance needs.
As we mentioned earlier, the best way to ensure that you’re getting the best price is to work with an independent insurance agent. We can compare dozens of best prices at once and get you the lowest rates for your desired coverage.
Life Insurance For Cigar Smokers
Life insurance is one of the best safety nets that you can purchase for your loved ones. It’s an excellent way to ensure that your family has the resources that they need, regardless of what happens to you. We know that finding the perfect insurance company can be a long and frustrating process, especially if you’re a cigar smoker.
If you have any questions about life insurance for cigar smokers or about the different options available to you, please contact one of our agents today. We would be happy to answer those questions and ensure that you’re getting the best plan to meet your needs.
You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the life insurance protection that your family deserves. Not having life insurance is one of the worst mistakes that you could ever make for your loved ones. If you were to pass away, they would be left with a massive amount of debt and final expenses, which can make an already difficult situation a thousand times worse.