About how much more expensive is a life insurance policy for a smoker in realtion to a nonsmoker.( I need a figure)
2006-11-06 12:43:30 · 11 answers · asked by john D 1 in Business & Finance ➔ Insurance
I checked prices from a few sources and came up with the following:
California, ING, 10 year level term, $500,000, Preferred Plus rate
Never smoked: $215.00 annually
Current smoker: $670.00 annually
California, ING, 10 year level term, $500,000, Standard Rate
Never smoked: $405.00 annually
Current smoker: $895.00 annually
Remember that you are considered a smoker if you have ever smoked – even if it was 20 years ago. Among smokers, insurance underwriters typically break down your cigarette use based on how many you smoke a day (more than 20? less than 20?) and when you last smoked.
For a comprehensive review of options available to smokers and non-smokers, check out MostChoice.com. You can review online rate quotes from multiple insurance providers, but you will also be able to talk about life insurance with local area agents without any obligation. It’s an easy way to quickly scan through what’s offered near you and get answers to your insurance-related questions.
You can find MostChoice here:
http://www.mostchoice.com/life-insurance.cfm
Hope this helps,
Barnes@MostChoice
2006-11-07 05:27:18 · answer #1 · answered by Anonymous · 0⤊ 0⤋
At - QUOTESTOCOVER.INFO- you can get quotes in just a few minutes
RE Insurance?
About how much more expensive is a life insurance policy for a smoker in realtion to a nonsmoker.( I need a figure)
2014-08-17 20:17:06 · answer #2 · answered by ? 1 · 0⤊ 0⤋
I suggest that you visit this web page where onel can compare rates from different companies: http://INSUREFOREVERYBODY.INFO/index.html?src=2YAjkdnvJS11
RE :Insurance?
About how much more expensive is a life insurance policy for a smoker in realtion to a nonsmoker.( I need a figure)
Follow 11 answers
2016-08-26 23:18:27 · answer #3 · answered by Adrienne 6 · 0⤊ 0⤋
It's difficult to say, because the quotations from different companies vary.
Why don't you just buy one from a company that charges the same, no matter smoker or non-smoker status?
2006-11-06 15:13:47 · answer #4 · answered by floozy_niki 6 · 0⤊ 0⤋
...a dollar figure or a percentage? Typically a smoker will pay 30-50% more for life ins. premiums than a non-smoker.
2006-11-06 12:49:18 · answer #5 · answered by Derrick T 2 · 0⤊ 0⤋
I don't have a rate sheet handy, check on line, you can come up with a number, my guess, about 12% to 15%, pretty high, also women mortality is about 3 years longer than men, so their rate, equal age, is lower.
2006-11-06 12:49:23 · answer #6 · answered by The Advocate 4 · 0⤊ 0⤋
Get insurance quotes
2015-01-16 07:21:28 · answer #7 · answered by ? 1 · 0⤊ 0⤋
15%
2006-11-06 12:47:07 · answer #8 · answered by dt 5 · 0⤊ 0⤋
It depends as to what extend the smoking has done harm to person health--accordingly extra amount is charged.....
2006-11-06 20:40:25 · answer #9 · answered by Anonymous · 0⤊ 0⤋
There are several comparison sites but I liked this one to get quotes for free: HELP-INSURE.NET
2014-06-19 17:56:56 · answer #10 · answered by Anonymous · 7⤊ 0⤋