Smoking And Life Insurance
When it comes to California life insurance and cigarette smoking, the carrier with the best value or type of coverage cannot be predicted. Though rates for smokers are always higher than non-smokers, they become even more increased as the smoker ages. Age and sex play a essential role in determining which carrier is the best. What should you disclose when it comes to your smoking habits? The short answer is to always tell the truth. Two drugs that insurance companies will always test for are nicotine and cocaine. These are very sophisticated tests and can tell the difference between current use and second hand smoke. Remember that more often than not, there is a two year contestability clause per policy that handles fraud in the application. Will any organization give non-smoker rates to smokers? Some carriers will give smokers a reason to stop smoking by allowing premiums at a standard non-smoker rate for three years. This is only on permanent policies. If you’ve stopped smoking withi...