If you use tobacco, you might have heard all the horrible stories about life insurance. You might also believe that it is impossible for you to purchase a policy so that your family may be protected in the future in the event of your unexpected death. While it is indeed true that most insurance companies avoid giving life insurance policies to smokers, you can still purchase an affordable life insurance smokers policy if you know where and how to look for one.

Purchasing a life insurance policy can become a daunting task for a normal healthy individual because of all the factors that he/she must consider in choosing one policy that will be best for his/her needs. Some of these factors include the amount of coverage, the types of policy, the age and the health of the policy buyer and the affordability of the premium rates being offered. When it comes to smokers, choosing a policy will be more difficult since most insurance companies avoid smokers for their clients. This is because smokers are categorized as having high risks in terms of contracting diseases or dying early in their lifetime.

Many different clinical studies have been in agreement that smoking decreases the person’s life expectancy to 18 years at the most. This gives them the probability of meeting their demise at a much younger rate. This alarming truth puts the insurer in the losing end of the deal and so they ask for higher rates. This can’t be helped at it is the only way for them to protect their interests.

When a smoker wants to purchase a life insurance, the most important step that he/she can take is to consult with an insurance agent that specializes in these types of policy. By working with an agent, the smoker may be able to find a company that will offer him/her insurance rates that are competitive in rates. Working with an agent will also allow the smoker to get the right connections to get the best rates and best policy possible.

It is upon the hands of the smokers how they could get their rates low. Here are a few practical tips that you can bear in mind when you are trying to obtain a reasonably or priced figure.

1. Quit smoking. The most obvious way for you to be classified as a non-smoker and get affordable rates is to quit smoking altogether. It is said that the body can metabolize nicotine in the system within 72 hours. If you plan to take the pre-screening medical exam, it will be a good practice to refrain from smoking at least 3 to 5 days before undergoing the medical exam. It should be noted however that there are some insurance companies that will not lower their premium rates unless the smoker has quit smoking for more than two years.|Say no to smoking. -often this is viewed as a harsh move. Who could abruptly stop doing the habit that you have been regularly doing? The answer to this question is relatively simple. Such stunt can be done by anybody who has enough enthusiasm and discipline to do it. For your convenience, you can do this undertaking little by little. Start cutting back on your consumption and increase the amount you have been cutting off on a regular basis until the time that you can completely give it up. Clearing nicotine traces in your medical tests will decrease your quotes.|Turn your back on the bad habit -more often than not, this is perceived as an inconsiderate move. However, this is definitely doable. Besides, you do not have to achieve this result instantly. This will naturally take some time. You can do yourself a favour by starting to reduce your daily tobacco consumption to at the very least a stick your day. Little improvements will definitely count in the long run. Before you know it, you have pulled the stunt successfully. Doing this prior to your application will increase your chance to get low rates.}

2. Reduce your smoking. -this option will fit you well in the event that you cannot will yourself to totally give up the not so good habit. You can minimize it by taking at least one pack fewer on a regular basis. There are also a number of products that can help you with this endeavour. Nicotine patches and tobacco gums can lend you a hand in satisfying your maddening cravings without supplying too much nicotine. Electronic cigars can also be of assistance. Proving to the underwriters that you are observing measures to take care of your smoking problems will make them reconsider the rates they will give to you.

3. Disclose fully your smoking habit. If you chew tobacco but do not smoke cigarettes, then you must mention this to your life insurance agent. The agent may then look for an insurance company that differentiates tobacco chewing from smoking which will give you lower rates as compared to those of true smokers. Although you will not receive the rates that are offered to the healthy non-smoking individuals, you will still get a lower quote than those people who smoke tobacco. This is because chewing tobacco still increases your risks of contracting smoke-related diseases.

All things considered, it may be indeed hard for a smoker to obtain rates that are friendly to any type of budget. But with the useful tips that are mentioned above, such figures you yearn for may be gathered a little easier.

As advised by Gregory Winans, in order to make the best decision possible, you need to fully equip yourself with all the information before taking the non recourse action. Visit his site for other specific information such as life insurance for smokers today.

Article by Gregory Winans who is a specialist in life insurance. For more information, visit his site at http://www.termlifeinsuranceforsmokers.com.

Author Bio: As advised by Gregory Winans, in order to make the best decision possible, you need to fully equip yourself with all the information before taking the non recourse action. Visit his site for other specific information such as life insurance for smokers today.

Category: Finances
Keywords: life insurance smokers