Life Insurance and Smoking

MYTH: Even if I’ve quit smoking, I’m still a smoker in the eyes of a life insurer.

A smoker can usually qualify as a non-smoker once they have gone 12 months without any form of tobacco or nicotine products. Smoking even one cigarette during this time will disqualify you from getting non-smoker rates. Smoking cessation products like The Patch or nicotine gum are considered nicotine products, so you will have to be 12 months without using these products also. Make sure you’re honest and you don’t lie about your smoking habits, as insurance companies have ways of uncovering false information and will likely reject your application if they find out you’ve withheld relevant information. If a company sells you a life insurance policy and discovers that you lied about smoking, they may be able to terminate your life insurance coverage immediately and this will leave your beneficiaries without protection.

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