The price you pay for life insurance depends on your age, your health, and your lifestyle. So if you are older, you have health problems, and you are a smoker, The price you pay for life insurance depends on your age, your health, and your lifestyle. So if you are older, you have health problems, and you are a smoker, you will always pay more for life insurance than someone who is younger, healthier, and a nonsmoker…………
3. Consider quitting
Everyone knows that you’ll save money on your insurance premiums if you quit smoking, start exercising, and lose weight. But you might be surprised to find out just how much you can save. Many insurance companies charge smokers double the nonsmoker rate for insurance. (Don’t even think about lying, though. If you end up dying of a smoking-related illness, your insurance company can opt not to pay your death benefit.) Similar discounts can apply if you lose enough weight to fall into a preferred category.
The costs for smoking alone continue to rise. Just a pack a day costs $1.00 or more or $365 per year if you buy them at an internet rate. Add to that the cost of damage to clothes, furniture, car seats and anything else that gets a hole burned in it, insurance, medical bills, dental bills for stained teeth and you seriously have to wonder, “Can I really afford this habit?”
No one is borne a smoker. No one ever said, “When I grow up, I want to be a smoker.” Make the decision to take back control of this part of your life. Do it for yourself before that spot shows up on your xray.