If you are looking for the best term life insurance rates for cigar smokers, this guide will provide you with the underwriting guidelines of some of the top term life insurance companies and how to get the best rates. The good news is that you can get non-tobacco rates if you only smoke cigars and don’t use any other form of nicotine. This guide will help you find which companies treat cigar smokers most favorably, which means you get better rates, and can save money. If you want to skip reading the article and just get a quote, you can fill out this life insurance quote form here, otherwise below the form are the guidelines.
Best Term Life Insurance Rates for Cigar Smokers
There are several term life insurance companies that will offer you non tobacco rates for smoking cigars, however each company has their guidelines as far as how many cigars you can smoke per year, and what type of Non-Smoker health rating you can get (There are 4 non smoker health ratings – Preferred Plus, Preferred, Standard Plus, Standard). The better the health rating the cheaper your life insurance policy price will be. Will all life insurance companies, to qualify for non-smoker rates if you smoke cigars, you have to admit that you smoke cigars on the application as well as test negative for nicotine metabolites (which means you don’t smoke cigarettes)
I’ll group life insurance companies based on their similarity in guidelines for cigar smokers.
Prudential Term Life Insurance for Cigar Smokers:
Prudential is by far the most liberal company when it comes to cigar smokers. With Prudential you can get approved at Non-Smoker Plus rates, regardless of how many cigars you smoke per year. In fact with Prudential you can qualify for Non Smoker Plus even if you use chewing tobacco, or use a nicotine patch or nicotine gum. If you smoke more than 1 cigar per week, Prudential Life would be the best choice.
American General Term Life Insurance for Cigar Smokers
Prudential would be the best choice if you smoke more than 1 cigar per week. However if you smoke a cigar once per week or less than that, you can compare pricing with American General Life Insurance. American General will consider you up to or preferred plus rates with cigar smoking of once a week or less, as long as you haven’t smoked anything else other than cigars for the previous 5 years. If that is the case, I would compare life insurance quotes for smokers and consider American General.
ING Reliastar Term Life Insurance for Cigar Smokers
ING is also a good choice if you are a more frequent cigar smoker. ING will disregard cigar smoking and consider you for up to Preferred Plus Non Smoker rates if you smoke a cigar once a week or less and fully admit that you smoke Cigars on the life insurance application. You can also read my review of ING Reliastar Life Insurance to get more information on ING.
Banner Life Term Life Insurance for Cigar Smokers
You can qualify for Preferred Plus Non Tobacco rates with Banner Life Insurance if you smoke 1 cigar or less per month and haven’t smoked cigarettes in the last 36 months.
If you haven’t smoked cigarettes in the last 2 years, and smoke 1 cigar per month or less, you can qualify for preferred non tobacco rates.
Banner will consider you for Standard Plus or Standard Non Smoker rates if you are cigarette free for over 12 months and smoke a maximum of 1 cigar per month.
Genworth Term Life Insurance for Cigar Smokers
Genworth Life Insurance will consider you for up to Preferred Plus Non Tobacco rates if you smoke less than 12 Cigars per year.
MetLife Insurance Term Life Insurance for Cigar Smokers
MetLife will consider you for Non Tobacco rates if you smoke less than 4 cigars per year. Obviously if you smoke less than 4 cigars per year, consider MetLife in your comparison-shopping. If you smoke more than 4 cigars per year, they are not the best choice for you.
Mutual Of Omaha Term life Insurance for Cigar Smokers
If you smoke one cigar per month or less, Mutual of Omaha will consider you for up to Preferred Plus rates and would be a good choice to consider.
Protective Life Insurance Term Life Insurance for Cigar Smokers
Protective Life Insurance will consider you for up to Preferred Plus Non Smoker rates if you smoke less than 6 cigars per year. They will consider you for Preferred Non Smoker rates if you smoke less than 12 Cigars per year. If you smoke less than 6 cigars per year, I would recommend that you consider Protective Life if you are a cigar smokers, you can read my full review on Protective Life here.
If you are looking for the best term life insurance rates for cigar smokers, than get quotes below or use our contact us form and I can help you find the best rates for life insurance among the top life insurance companies.
Author Liran Hirschkorn: