| Â | | | | is shorter than those who do not smoke. When life |
| Term life insurance can be a confusing topic and | | | | insurance companies identify that an applicant is a |
| purchasing life insurance can be a daunting task, to | | | | smoker, it automatically raises red flags. The person is |
| some. With so many options out there, it may seem | | | | considered to have a shorter life span, and is |
| impossible to fully understand where to start. While | | | | expected to possibly have health issues later in life. |
| some consider universal life insurance, many have | | | | Because of this, term life insurance rates for that |
| turned to term life insurance. Either way, however, | | | | specific individual, are likely to be higher. |
| smoking can severely affect the amount that you pay. | | | | How can they tell if I smoke? |
| Term life insurance rates will affect people who | | | | There are multiple ways that life insurance companies |
| smoke. | | | | can tell if someone is a smoker. First, there is a |
| How smoking affects term life insurance rates | | | | questionnaire that is given to every individual looking |
| Something important to understand about term life | | | | into term life insurance rates. Some of these questions |
| insurance rates is that they're easily affected by | | | | include smoking. Many see this and think that it would |
| multiple lifestyle habits that affect your health. One of | | | | be easy to lie to the company, saying that you do not |
| the major things that life insurance companies look for | | | | smoke. That is untrue. One of the other steps in the |
| is the health of the individual. Depending on your health, | | | | process of getting life insurance is to have a medical |
| and the things you do that affect your body, your term | | | | exam. The company is looking for specific things |
| life insurance rates may go up or down. Life insurance | | | | through this exam. Because there are chemicals left |
| companies focus on health for good reason. They | | | | behind in your body by smoking (such as nicotine), the |
| want their customers living long, prosperous lives. This | | | | company can easily tell if you are a smoker. This is |
| benefits both parties. For the insured, the longer that | | | | why it is important to understand that you should never |
| you stay insured, the longer you can be protected by | | | | lie on the questionnaire, under any circumstances. All of |
| your policy. For the insurer, the longer the insured pays | | | | your life insurance (and policies) can be revoked if they |
| for insurance, the more money the company | | | | find out you lied. |
| accumulates. With that being said, it becomes more | | | | How can I lower my term life insurance rates? |
| obvious as to why health plays a part in term life | | | | While it is easier said than done, managing to quit |
| insurance rates. | | | | smoking can lower your rates. If you are already |
| But how exactly does smoking affect term life | | | | locked into a life insurance policy, you are allowed to |
| insurance rates? It's common knowledge that smoking | | | | update your medical exam at any time. If you have |
| is bad for your health. The affect that smoking has on | | | | quit smoking, updating this exam can be a way to |
| the individuals who smoke is impossible to ignore. | | | | show that you've quit. While quitting smoking can be |
| There are many illnesses, many resulting in death, that | | | | difficult, managing to do so can help you out in lowering |
| are linked to smoking. The life expectancy of smokers | | | | your term life insurance rates. |