Summary
Smoking is the bane of many our lives. ( personal secured loans ) Giving up not only helps you live a longer, healthier lifestyle - it can also save you thousands on life insurance.
Save Thousands on your Life Insurance.
Author: Andrew Tuthill (car insurance cover)
You can get more for your second hand car, pay less on ( online car insurance ) redecorating your house (unless youre happy to live with those lovely nicotine yellow stains) and your life insurance costs will take a big hit too. In fact, most insurance companies will give you a 50% reduction just for being a non-smoker. Not a bad start for reasons to quit!
Premiums are still increasing for smokers; mainly attributable to competition on the internet. With companies wanting their initial quotation to be the most competitive for those performing internet searches, they have generally lowered their base rates. Obviously with a loss of income from this area they want to find ways to restore their profit margins, and this is where we smokers come in! Once the initial premium has been offered, all these self imposed health risks will push the price skywards. (cheap car insurance)
- Life Insurance. Medical history increases the cost for 66% of applicants
- Life companies keep their initial quoted prices low by being choosey on who they accept on standard terms. Having made a formal application, two thirds of applicants will face a loaded premium. This article explains why and what the shopper can do about it, choose an online broker!
- Critical Illness Insurance and Life Insurance Cover for Better and for Worse
- What does critical illness insurance do? This article explains.
- Critical Illness Insurance and Life Insurance Cover for Better and for Worse
- What does critical illness insurance do? This article explains.
- Group Critical Illness Insurance - The cheaper alternative to Keyman Insurance.
- If your business has found Keyman Insurance to be too expensive, take a look at Group Critical Illness Insurance. At around half the price it's a snip.
How do we get these benefits of being a non-smoker? Well, give up is the easy answer! Although, having given up many times personally, I know the hardest bit is to stay stopped. I managed a year last time, and this is the bare minimum most insurance companies will consider before they reduce your premium. In fact, ( life assurance ) many companies ask for five years without smoking before you are considered to be a non-smoker.
There will no doubt be a thorough investigation of your medical records before any payout which means that being dishonest with them is highly unlikely to be beneficial. Staying stopped is the only viable solution for cheaper life insurance and, of course, better health. (medical insurance)
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