As a resident of Ponte Vedra Beach, FL, you have access to many life insurance policies including; whole life, universal life, variable universal, variable life, level premium term, and annual renewable term insurance. At Palm Valley Insurance, Inc., we offer quotes for life insurance coverage depending on individual needs. However, smoking can have a big effect on your life insurance rates. Smokers can be charged up to four times more than non-smokers for similar life insurance coverage.
How much smoking would make an insurance company consider you a smoker?
According to insurance companies, you are a smoker if you have smoked in the past year. It doesn’t matter whether you are a chain smoker or someone who only smokes on special occasions. Unfortunately, insurance companies treat all smokers the same way.
Lying about your smoking or failing to disclose it can be dangerous. It may be considered insurance fraud and an insurance company can deny your beneficiary’s payment after you die. Remember that most insurance companies will not just take your word. They do their own investigations. Even if they do not find any evidence of you being a smoker right away, it may come up in future.
If you quit smoking, your life insurance premiums may go down after some time. The length of time it takes depends on your insurance company.
How Should A Smoker Find The Right Life Insurance Company?
If you are a smoker in Ponte Vedra Beach, FL, contact Palm Valley Insurance, Inc. We will help you find the life insurance company that offers enough coverage at the best prices for you. We strive to offer you policies that meet and surpass your expectations. You may visit our office or contact us at 813-702-5158 to discuss a new quote.