Finding Affordable Life Insurance for Cigar Smokers
Smoking a cigar can be quite a problem for those looking to find life insurance. In some cases a single premium, high quality cigar might contain as much tobacco as an entire pack of cigarettes, and because of facts like this most insurance companies count cigar smoking as they would cigarette smoking, forcing your hand into the smoker rates for insurance. Because there are so many chemicals in cigars and cigarettes, combined with the inherent damage done by smoke inhalation of any sort to your lungs, insurance companies put smoking any product like this high on their mortality charts, decreasing life expectancy.
Life insurance companies have to pay out in the case of an unfortunate demise, meaning they have to lose money in the case where one of their clients dies. Clients and policy holders who smoke have a greater chance of developing potential health risks and dying prematurely due to their chosen habit; cigarettes are often compared to nails in coffins, after all. Because of this significantly greater risk of developing issues early and forcing the company to pay out, they need to increase the rates so they can make some money and won’t lose too much if the smoker ends up perishing.
Life insurance for cigar smokers can be a difficult thing to obtain because it can be very expensive, combined with the expensive habit cigar smoking already is. Cigars are premium and cost more than most cigarettes, so a lot of money can be poured into the habit before it’s through. An occasional cigar shouldn’t affect your screening, though, so feel free to have one if you’re a new father, if you just got married, got a promotion or any other form of celebration. It’s the nicotine that matters, and that should be out of your system long before you go through screening.
Life insurance companies have to pay out in the case of an unfortunate demise, meaning they have to lose money in the case where one of their clients dies. Clients and policy holders who smoke have a greater chance of developing potential health risks and dying prematurely due to their chosen habit; cigarettes are often compared to nails in coffins, after all. Because of this significantly greater risk of developing issues early and forcing the company to pay out, they need to increase the rates so they can make some money and won’t lose too much if the smoker ends up perishing.
Life insurance for cigar smokers can be a difficult thing to obtain because it can be very expensive, combined with the expensive habit cigar smoking already is. Cigars are premium and cost more than most cigarettes, so a lot of money can be poured into the habit before it’s through. An occasional cigar shouldn’t affect your screening, though, so feel free to have one if you’re a new father, if you just got married, got a promotion or any other form of celebration. It’s the nicotine that matters, and that should be out of your system long before you go through screening.