Cigars & Life-Insurance... some real issues

[RightAJ]

I have heard of some insurence companies differentiating between the two... you may want to just give them a call and state your case. Good luck (fingers crossed)

aj

[e-man67]

My insurance tests and states the if you have used tobacco in the last 12 months it qualifies you as a tobacco user...I pay $25 extra per pay period (x 2 weeks) to smoke cigars. I may smoke 2 a week in the winter months and usually 5-9 per week in the warmer months (more like 5).

[PeteSB75]

I would not call them. If you are going through a broker, most people do, talk to him about it. Remember that you are stating your physical health/state at the time of the policy writing.

Things will obviously change, like you could take up cigar smoking.They will likely require a blood/CO2 test to check if you smoke, so don't for at least a month before that happens.

Once the policy is written, it's a different question, as they can't take it away based on an increase in risk factors, or we'd all lose out getting older (biggest risk factor of all).

[T.G]

Originally Posted by PeteSB75

Once the policy is written, it's a different question, as they can't take it away based on an increase in risk factors, or we'd all lose out getting older (biggest risk factor of all).

Actually, most, if not all, of them can cancel you within a certain period of time (like a few years) - after that, most can't.

Difference between getting older and smoking is that getting older you have no choice in the matter. Smoking is a voluntarily chosen and assumed known health risk.

[T.G]

Originally Posted by T.G

Actually, most, if not all, of them can cancel you within a certain period of time (like a few years) - after that, most can't.

Difference between getting older and smoking is that getting older you have no choice in the matter. Smoking is a voluntarily chosen and assumed known health risk.

Oh, and BTW, just to add to that...

If the insurance company cancels your policy due to tobacco use or refuses you because you claimed no tobacco use and they caught you with a blood test, then you have to declare on any future policy that you might apply for, that you have been refused coverage and why (if requested by the potential insurance company). This could quickly snowball on you into considerably higher rates than had you just found a carrier that would insure you for a little bit extra per quarter.