How does cigar smoking affect life insurance
Term life insurance - also useful for smokers?
The amount of the premium for term life insurance depends on many factors - including age, occupation and hobbies, but also on the lifestyle of the insured person. Since smokers have a statistically lower life expectancy than non-smokers, their contributions are significantly higher. Why one Term life insurance for smokers but still makes sense and what you should know in the context of financial security for your family in an emergency, we clarify with answers to the most frequently asked questions.
Term life insurance application: when am I considered a smoker or non-smoker?
The question of whether a smoker or non-smoker cannot be ignored when applying for term life insurance - it is compulsory. If you want to benefit from the cheaper non-smoking tariff, you have to tick the box for non-smokers in the application.
As a rule, non-smokers are those who have never consumed nicotine or have not consumed nicotine for at least a year. Some insurance companies even require at least two years of smoking cessation for non-smoking status.
When it comes to defining a smoker, for many insurers it does not matter whether applicants use cigarettes, pipes, cigars, e-cigarettes or snuff and chewing tobacco. As far as the amount of daily smoldering sticks is concerned, it is usually possible to state this in the application, BUT: even self-proclaimed occasional smokers are considered smokers for insurance purposes.
Anyone who cheats on health issues and pretends to be a non-smoker is grossly negligent. There is a risk that the term life insurance will not take effect in the event of death, meaning that the claim to the sum insured will no longer apply. This would jeopardize the planned protection for relatives and contributions would be paid for free for years.
Can a doctor prove irregular tobacco consumption?
In principle, the following applies: For smaller amounts insured, the applicant's self-assessment is usually sufficient. However, if an insurer wants to obtain further security, it can send an inquiry to the family doctor or request appropriate tests.
If the sum insured is also higher, the insurance company has the right to have an applicant undergo a major medical examination such as pulmonary function tests or an EKG. It should be clear to every smoker that regular nicotine consumption is not hidden from a doctor.
On the other hand, anyone who, as an occasional smoker, hopes that the occasional cigarette cannot be detected by the doctor is mistaken. The cotinine value is determined using a urine sample, which is a breakdown product of nicotine. Even the smallest traces of cotinine can be detected days after smoking.
Risk insurance premium: why do smokers pay more than non-smokers?
Since the occurrence of an insured event, i.e. the death of an insured person before the end of the contract period, becomes more likely under certain circumstances, insurers use various factors to calculate the premium amount. These include, for example:
Whether an applicant smokes cigarettes or other tobacco is part of every term life insurance application. The reasons for this are that smokers not only have a greater risk of becoming seriously ill, but also a lower life expectancy than non-smokers.
According to a mortality table such as that used by insurance companies, 11.4 out of 1,000 men who smoke die within their 50th year of life, according to Stiftung Warentest. In the case of their non-smoking peers, however, the number is not even half as large.
Since smokers are consequently more likely to die within the agreed contract period and the death benefit is due, they often pay extra. Conversely, this means for non-smokers: their contribution advantage is usually considerable.
Is risk insurance even worthwhile for smokers?
However, because it is precisely because of the increased likelihood of death among smokers that it is all the more important and sensible to secure children and family members financially and financially by taking out term life insurance.
Especially for families and couples who live mainly on the income of a main breadwinner, this protection is very important in the event of an emergency. And this is all the more important if the single-earning partner runs an increased health risk with his cigarette consumption.
Term life insurance offers the necessary support to close the financial gap that can arise from the death of the family provider. Admittedly, it would of course be best to keep your fingers off the glowing sticks - for a healthier life and in favor of the wallet.
Quitting smoking is worthwhile - and not just for the sake of health
Surely all smokers are familiar with the warnings on tobacco and cigarette packs such as "Smoking can kill". And it is actually also clear to everyone that reaching for a cigarette is not only harmful to health, but can also shorten life considerably.
However, many smokers may not be aware of how quickly and positively quitting smoking alone affects the risk of cardiovascular diseases.
According to the German Lung Foundation e.V., the oxygen content in the blood improves after just 8 hours. After 24 hours, the risk of myocardial infarction has even decreased. After a few weeks, the blood circulation stabilizes and lung function increases by 30 percent.
The heart attack risk of an ex-smoker has already halved after 6 months without smoking and is comparable to that of a non-smoker after 5 years. And finally, after 10 years, the risk of developing lung cancer begins to decline. That motivates, doesn't it?
So it is never too late to quit smoking to increase life expectancy - not to mention lowering the premium for term life insurance. Those who cannot keep their hands off cigarettes on their own will find competent help in many places, for example at the Federal Center for Health Education.
Can ex-smokers switch to the non-smoking plan of term life insurance?
Basically, this decision depends on the individual insurance provider. However, many allow their customers who have given up smoking to switch to the cheaper non-smoking tariff. It can therefore be worthwhile for ex-smokers to inform their insurer that they have successfully given up cigarette consumption.
It is essential to note, however, that insurers usually require a certain period of abstinence of, for example, one or two years. Finally, as mentioned above, the mortality risk of a former smoker begins to decrease significantly and sustainably.
Incidentally, at Verti, ex-smokers can switch to the non-smoking tariff after 12 months. And for everyone who has left their hands off tobacco for 10 years, it will be even cheaper with us.
Some insurers (not Verti) have a late registration requirement. If this is the case, this means: If you start smoking as a non-smoker after signing the contract, you must report this to your insurer. If you do not do this, you are putting your insurance cover and thus the protection of your relatives at risk.
If a non-smoker becomes a smoker during the term of the contract, this will in most cases result in an increase in the insurance premium, but the agreed service will not change in the insured event.
Therefore, it is better to report your smoker status and pay the higher smoking tariff than to save on risk protection with the cheap non-smoking tariff, which in the worst case does not apply in the event of the death of a "unmasked" smoker. So honesty literally pays off here too.
You can easily calculate the extent to which not tobacco will affect your premium amount by comparing tariffs with term life insurance. Would you like to know how much your contribution to Verti is? Then use our convenient quick calculator. In addition, our entire application process is digital - that saves time and money.
Your advantage: If no additional documents are required, you will receive an immediate and binding decision from us through the integrated online risk assessment as to whether and under what conditions we can insure you.
Further information on the subject can be found at:
German Lung Foundation e.V.
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