Why Do Smokers Have a Higher CT Life Insurance Premium?

by owner

Category: Our Blog

Smoking is negative, no matter how you look at it. This is no secret! Smoking does not only affect your health, appearance and wallet, but also your insurance premiums. If you are in your 20’s and ready to look into a CT life insurance or health insurance premium, you better consider putting out the cigarette!

Many people ask: why do smokers have a higher premium than non-smokers? Well, the answer is simple! Allow us to explain:

Smoking is seen as quite a large risk to insurance agencies. When an agency goes to calculate your premium, risk, health and lifestyle are all factored into the decision. Since smokers have a much higher death rate than non-smokers, insurance agencies will take this into consideration (resulting in a higher premium).

The good news: If you do decide to quit smoking, you can always reach out to your agency and let them know of your change in lifestyle. Depending on how long you have been smoke-free, your premium may be lowered.  It is not too late to turn your lifestyle and premium around!

So what are you waiting for? It is 2012; it is time to put the cigarette out once and for all! Yes, this should be done for your premium’s sake, but most importantly your own health. If you are ready to quit and are looking for some inspiration and help, be sure to visit Smokefree.gov!

If you are concerned about your CT life insurance or health insurance policy, come and speak with us at The John M. Glover Agency. We would be more than happy to provide you with a free quote and offer more ways you can lower your premium.

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