Having trouble finding the best life insurance for cigar smokers? If so, you’ve made it to the right place. Affordable life insurance is what we do best.
Cigar smoking is one of those middle ground or grey areas for some insurance carriers, where some are strict and some are liberal in their underwriting practices.
Many factors are at play, but depending on your use, you could even qualify for non-smoking rates. We’re going to discuss your options, and we’ll help you navigate some of the rules you may not know so you can secure the most affordable life insurance for cigar smokers on the market today.
We can help you purchase affordable life insurance online when you are ready! No matter if you’re older and need coverage or you’re looking for term life insurance for young adults, we can help you get the coverage you deserve.
Finding Life Insurance For Cigar Smokers
From the regular user to the occasional or recreational cigar smoker, your life insurance rates are heavily dependent on the carrier you submit your application with. Some will treat you very fairly while others will lump you into a general smokers life insurance category. But there are also other factors at play which might limit your best choice in company to a narrow few.
Here are the factors which matter most:
- Date of last cigar smoked
- How many cigars this month
- How many cigars this year
- How long you’ve been smoking cigars
In short, the insurance companies are looking to see what type of cigar user you are right away; if you’re a regular user, you’ll probably end up being classified as a smoker versus a non-smoker for someone who had just one for a special occasion (not by all companies).
When discussing life insurance for cigar smokers with our applicants, we have the end in mind from the beginning. If you rarely use, we have a few select carriers who will give you the non-smoker ratings, whereas a full-time cigar smoker might get the cheapest rates for a smoker from another carrier altogether.
How Much Is Too Much?
Depending on the carrier, some like to see less than a cigar a month or 12 cigars annually to still qualify for the non-smoker health ratings. Others are more stringent, but one company allows up to a cigar per week, so long as you haven’t used cigarettes or dip in the past 5 years.
Another aspect, aside from the number of cigars per time period, has to do with the amount of nicotine in your system. Let’s say John Doe applies for life insurance for cigar smokers as an occasional user with less than 12 per year. However, his blood profile comes back with higher nicotine levels than someone who would otherwise be labeled as an “occasional” user. How will the insurance company take this?
- Further questioning about his frequency of use
- Taking into account his date of last cigar smoked
- Consideration of previous history of tabacco use
These points become a higher interest to the company now, as they can only take the applicant at their word for how many cigars, in what time frame, they have smoked.
What Is The Best Case Scenario?
The best case scenario in regards to health ratings for life insurance for cigar smokers is Preferred Plus, the top rating. This is reserved for those applicants who meet the above criteria for the carrier they apply to. There are roughly a dozen companies who offer this rating for cigar smokers and life insurance doesn’t get any cheaper than preferred plus rates.
Obviously, there are dozens of other factors that the insurance company is going to look at when deciding which class that you’ll be given. Your cigar usage is not the only factor that they are going to look at, but it’s going to be one of the most important.
Getting The Best Rates For Cigar Smokers
One of the most common misconceptions that cigar smokers believe is that they are going to pay a fortune for their life insurance policy. In most cases, that couldn’t be further from the truth. Regardless of your tobacco usage, there are several ways that you can get affordable life insurance protection for your family. Making a few simple changes could help you save hundreds of dollars on your insurance protection.
The first thing that you should do is cut down on the number of cigars that you smoke every month. If you’re more than an occasional smoker, then cutting back to one a month could save you thousands of dollars by no longer getting smoker’s rates. You can still enjoy a cigar, but you will have to limit yourself.
The next thing that you should do is improve your overall health. The insurance company is going to require that you take a medical exam, and the results of the exam are going to play a major role in how much you pay for your coverage. If you want to get lower premiums, you’ll need to get better results from the exam.
The two best ways to do that are by cutting out the junk food and getting regular exercise. Both of these can help you lose weight, lower your blood pressure, and reduce your risks of being diagnosed with health complications. If you’re wanting to save money, it’s time to start hitting the gym and skipping the greasy burgers. If you’re placed into an overweight category, you’ll pay around 50% more for your life insurance versus a person that is in a healthy weight range.
These are only a few of the ways that you can secure better rates from impaired risk life insurance companies. It’s important that you’re getting the lowest premiums available to give your family the insurance protection that they deserve.
How Do I Know Which Carrier To Apply To?
Leave that to us. Unfortunately, the guidelines each carrier goes by change often, so to post specifics now would potentially create a conflict at some later time. Because we are an independent agency, we seek rates from over 50 different “A” rated carriers. This allows us to make the right decision for you and your budget every time.
Every insurance company is different, and as a cigar smoker, your rates could vary by hundreds of dollars depending on which company that you get the quote from. Some insurance companies are going to lump you in with the smoker’s rates, while others will give you non-smoker’s depending on their classification. The difference in those two rating classes is going to be thousands and thousands of dollars throughout the course of your life insurance policy. It’s easy to see why it’s important that you get dozens of quotes before you decide which plan is going to work best for you.
There are thousands of different companies on the market that you can choose from. You could spend weeks calling companies to get quotes, or you can let us do all of that work for you. Unlike traditional insurance agents, we are independent insurance brokers, which means that we work with dozens of highly rated companies across the nation and we can bring all of the best insurance rates directly to you.
We recommend reaching out to us to discuss your use, and we can point you in the right direction. We’ll even help you apply to make sure you get the best ratings you’re eligible for. Life insurance for cigar smokers is something we deal with regularly, as well as cigarette smokers, e-cig users (or vapers), policies for marijuana users and those who enjoy chewing tobacco.
You never know what life is going to throw at you. We know that you don’t want to think about your death, but not planning for the inevitable is one of the worst mistakes that you could make for your loved ones. If you were to pass away without life insurance protection, your family would be left with a mountain of debt and other final expenses.
Not only can our independent agents help you find the lowest premiums available, but they can also help you decide how much insurance coverage that you should buy. Not having enough life insurance protection could leave you loved ones with additional expenses that they wouldn’t have the money to cover.
If you have any questions about life insurance or about getting affordable coverage for cigar smokers, please contact one of our agents today. We would be happy to answer those questions and ensure that you’re getting the best plan for you. Our agents have years of experience working with some of the best insurance companies across the nation and we’ve helped countless applicants get quality insurance.
Don’t wait another day to call our agents and get the life insurance process started.