Reader’s Question:

I still smoke. Darn it! I am tying but I do smoke. Can I get a life insurance policy in San Antonio TX?

Cheryl

San Antonio, TX

Hello Cheryl,

Well, I understand your frustration. It sounds like you are trying to stop smoking but just can’t. When you do, make sure you notify your life insurance carrier in San Antonio Texas. It may well affect you premium rates. Life insurance carriers in Texas TX do offer coverage to smokers. All candidates for a life insurance policy are classified. Basically there are two classifications for smokers. One is a preferred smoker classification and another is standard smoker. If you smoke, you will be classified as one or the other by the life insurance company and you will receive a premium proposal based on that class. It will be higher than a similar proposal for a non-smoker, but life insurance is available.

Many smokers purchase a term life insurance plan while they attempt to stop smoking. After they have beaten their smoking habit, they can often convert to a permanent life insurance plan if they want to enjoy cash value buildup. After two or three years of not smoking, life insurance policy holders should ask their agent for consideration and a reduction to their premiums.

It is interesting to note that by stopping smoking, you may also be able to lower your home insurance premiums. Combining that reduction with the potential for cost reduction and easier access to life insurance is worthy if consideration.

Tags: life insurance, smoker life insurance

Reader’s Question:

I have a term life insurance that is about to expire. I no longer intend to renew with my current insurer. Though I’d like to keep a life insurance policy from a different carrier, I do not want to go through the tedious medical exam during application process. It took me forever to get approval with my current life insurance company. Will I be able to find a no exam life insurance in San Antonio, Texas? I appreciate your help.

Tina

San Antonio, TX

It’s good that you asked me, Tina.

You never run out of options for no exam life insurance in San Antonio, Texas. We all know that it takes a while before a traditional life insurance policy gets approved. You need to undergo the lengthy procedure of underwriting process, medical exam, a battery of interview, and all the works.

Time has changed and the tide is flowing along with you. Since most life insurance companies nowadays are transacting online, you can start shopping your life insurance policy online. With no exam life insurance policies, you are simply required to fill out a questionnaire which is intended to capture relevant information about you such as occupation, age, gender, birthday, zip code, among others. You don’t have to worry about any medical condition that could possibly reject you from coverage. It is good to know that no exam life insurance policy usually does not consider your medical condition to be a major factor for approval of coverage (though I am not telling you to conceal any medical condition for approval). This is precisely the reason why this can charge relatively higher premiums.

Even if this is not guaranteed to be approved, but it might get your attention if you’d learn that you can get a life insurance policy in 15 minutes with no exam life insurance policies.