What Smokers Should Know About Buying Life Insurance
April 8, 2020 by Ashley Chorpenning
If you enjoy smoking, you probably know that it can impact your health. But did you know you will likely end up paying significantly more for life insurance if you smoke?
Because life insurance is often an important part of a financial plan, it’s important to understand what to expect if you’re a smoker (or use other nicotine) and are shopping for coverage.
Why Do Smokers Have Different Life Insurance Rates?
Life expectancy is the basis for life insurance rates. So factors that impact your potential “mortality,” or life insurance expectancy, are factored into life insurance quotes.
Click HERE to read the full story via Forbes