Why is life insurance so important? 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, they are going to look at 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. If you get placed as a smoker, you’re going to suffer from rates which are twice as high.
It’s important that you find underwriting which views 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 company has 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. We have a way to save you time.
We aren’t traditional life insurance agents, we are a group of independent agents. We’ve created relationships with dozens of companies and can bring you quotes from all of them.
It’s our mission to ensure that you get the best life insurance plan for smokers at an affordable rate.
Getting An Affordable Life Insurance Policy
A common misconception about life insurance is the price. We hear a lot of people who think they can’t fit a life insurance in their budget.
The first thing that you should do is improve your health through a diet and being active. These will help you get lower rates from the insurance company by getting improved results from the 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. We know that finding the perfect insurance company can be a long and frustrating process, especially if you’re a cigar smoker.
Hopefully, this article gave you all the info you need and cleared up any confusion about cigars and life insurance. If you still have a few questions, let us know. We are waiting to answer those questions and put you in the best spot for life insurance.