4 Best Life Insurance For Ex Smokers

samwyche.com – Best Life Insurance For Ex Smokers is a life insurance option that has the best coverage and premium prices for a smoker. When you are about to apply for a life insurance policy, the company will ask you if you consume tobacco.

The price of your insurance premium will depend on your personal health condition. In some insurance service companies will even ask you to do a medical examination as one of the administrative requirements.

Best Life Insurance For Ex Smokers

In insurance, each insurance company will differentiate between active smokers and non-smokers. Although there are also those who do not emphasize the reason for a person’s smoking or not when they pay premiums.

The amount of premiums will also be affected by the use of alternative tobacco products. In addition, the length of time you have quit smoking will also be a consideration when determining premium prices.

In other words, if you have quit smoking or Ex Smokers for more than 12 months, then you will get lower life insurance premiums.

1. Transamerica Insurance

Transamerica is a very old and largest life insurance company and already has more than 12 million active policies. This company offers affordable premium rates for all ages.  You can not even do medical control at a certain age and amount of coverage

Here are the insurance advantages of this company:

• Highly competitive premium rates on term life insurance products
• There is a No medical examination policy for those who are eligible, including for ex-smokers and 60 and 70 years old.
• To be one of the companies with the fastest coverage settlement time in the insurance industry for term policy products due to the traditional dependency feature.

The weak sides of this company’s insurance are:

• Term insurance policies are not available in the New York area
• Not recommended for people with a history of cancer, a history of alcohol abuse, or asthma.

2. MassMutual

The company is well-known and excels with its Whole life insurance Plan. MassMutual whole life insurance will provide you with a lifetime coverage option with a cash value that has the potential to earn dividends.

3. Corebridge Financial

Corebridge Financial comes with highly competitive premium pricing and a choice of flexible policy term periods on its Select-a-Period products. Corebridge is the right choice for those of you who are looking for life insurance.

4. Legal & General America

Legal & General America is not only engaged in insurance, but also has other business branches, namely Banner Life and William Penn.

For those of you who have a poor medical record, you will still get a competitive premium price if you compare it with other companies.

Conclusion

Best Life Insurance For Ex Smokers is an insurance policy option for ex smokers that perfectly suits their health and financial condition. This insurance policy will help ex-smokers to secure the financial future and health of their beloved families.

With this insurance, ex-smokers will feel calm because there is already a guarantee for their families if something bad happens to them because of cigarettes.