Smoker Life Insurance Quotes San Antonio Texas TX
Reader’s Question:
I used to smoke at least 1 pack a day but am trying to quit. I’ve reduced my smoking to 3 sticks a day for about six months now. Will it benefit me in any way to inform my insurance company in San Antonio Texas TX about this?
Jerry
San Antonio, TX
Congratulations, Jerry! That’s quite an accomplishment – going from 1 whole pack a day to 3 sticks. It must have taken quite a lot of determination and discipline at the beginning.
Well, Jerry, your efforts should not go unrewarded. Of course, you need to inform your insurance company about the change in your smoking habits especially when you renew your coverage. Remember, life insurance premiums are calculated based on certain factors, including the policy holder’s lifestyle, state of health and extent of life insurance coverage. Reducing or getting rid of your smoking habits definitely impacts on your lifestyle and health; hence, may reflect a corresponding improvement on your premiums.
However, this also depends on the type of insurance you have in San Antonio Texas TX. Do the terms and conditions include flexibility or provide for the adjustment of premiums? Have you already begun to deposit your premiums, in the first place? If you are actually still in the process of choosing an insurance provider to provide life insurance coverage, then it would be worthwhile to read up some more on what’s available in San Antonio Texas TX by clicking on the links on this page. You can also enter your zip code to receive free quotes you can compare.
Tags: life insurance leads, life insurance options, smoker life insurance
Smoker Life Insurance Quotes Online San Antonio Texas TX
Reader’s Question:
I’m a chain smoker and am slightly overweight. Am I doomed to forever pay high premiums for life insurance here in San Antonio Texas TX?
Nanette
San Antonio, TX
Well, Nanette, up to a certain degree, you are right. Certainly, your state of health impacts on the cost of the premiums that you will have to pay for life insurance in San Antonio Texas TX. Insurance companies worry about managing their risks as well. In general, life insurance companies in San Antonio Texas TX structure life insurance premiums based on the existing health condition as well as lifestyle of the applicant – that’s you, in this case. Most consider individuals who smoke, are already sick or engaged in extreme sports as high-risk clients because they are more likely to get sick or be involved in accidents, which will require the insurance company to spend money. Understandably, they may require higher premiums.
But don’t you worry much – there are ways for you to save on life insurance premiums in San Antonio Texas TX. For instance, you could join a large group insurance where the mix of high and low-risk applicants could redound to lower premiums in your case.
I think it would be a good idea to explore the alternatives now available to you in San Antonio Texas TA. You can even do this online by keying in your zip code on the form in this page or clicking on the links. Get several quotes – they’re free anyway – so you can determine which type of life insurance policy would most cost-efficiently address your needs.
Tags: life insurance leads, life insurance options, smoker life insurance
Smoker Life Insurance San Antonio Texas TX
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
Life Insurance As An Investment Option?
Reader Question
Should I consider my life insurance policy an investment option like the stock market?
Cherry,
San Antonio Texas
Hi there Cheryy, I would consider investments in the stock market are not a substitute for life insurance. Many Certified Financial Planner professionals recommend making sure adequate life insurance is in place before starting an investment program-even if it means paying the premiums with money that otherwise would have been invested. Although investing is essential to making money grow over time.