If there is one thing that cigar smokers can have a problem with, it is getting life insurance. There are a lot of insurance companies who would require their possible clients to undergo a urine test to see if there is nicotine in the system. There is a process that insurance companies normally follow when it comes to smokers.
Regular Cigar Smoking is Bad
If you smoke cigar regularly, this will be considered by insurance companies as “smoking.” The number of cigars that a person smokes every day can determine if the insurance company will still grant the person a life insurance policy or not. Insurance companies will not count the cigar used for celebrations like weddings or birthday parties but if cigar smoking is done regularly, the number of companies that will offer life insurance dwindles.
One thing that can be expected: the rates that will be given to smokers will not be as good as the rates that will be offered to non-smokers.
The reason why cigar smoking is considered to be high-risk by a lot of insurance companies is the amount of nicotine that is present in one single cigar. One cigar can contain as much nicotine as one pack of cigarettes. If you smoke more than one cigar a day, then it would equal to several packs of cigarettes.
Cigarette smoking is bad for the health and it comes with a lot of health risks that insurance companies are very much aware of. There are different health conditions that smokers are going to be more vulnerable to. You can still get life insurance but the premium that you have to pay will be set more as compared to the normal amount that nonsmokers are required to pay for.
There is good news. If in case you have taken a life insurance when you were still a smoker but you quit smoking a few years later and it is proven, the amount that you have to pay will also is lowered.
What If you are an Occasional Cigar Smoker?
This means that you only take cigar whenever you have to attend special events. Insurance companies will set the limit for the amount of cigar you can take. Some may offer up to 12 cigars every year to prove that you only do this occasionally. If you go beyond the 12 cigars, you may already be labeled as a smoker.
It will be harder for you to get a good life insurance policy if aside from your cigar smoking; you are also diagnosed with health conditions that are related to your breathing. For example, do you have asthma? If you do, your chances of getting a life insurance become even slimmer.
No Best Rates for the Cigarette Smoker
If there is one thing that you have to be accustomed to, it is this: you will never be given the best rate for a life insurance policy if insurance companies will find out that you are a smoker. You can find companies that can have more lax rules when it comes to labeling you as a smoker, occasional smoker or a non-smoker.
For example, there are some insurance companies who will already label you as a smoker if you smoked one cigar in any given year. Then, there are some that will still label you as an occasional smoker when you smoke 10 a year. You have to check out different insurance companies and get to know their rules. This is the only way that you can increase your chances of getting a life insurance for cigar smokers that works well for your budget.