Over 20 million adult americans use marijuana atleast once per year. If you have found this blog post, perhaps you are one of those Americans who uses marijuana either occasionally or frequently, and would like to know how this will affect you as far as life insurance rates go. The good news is that you can get approved for a life insurance policy as a marijuana smoker. This blog post will cover life insurance for marijuana smokers and ill show you how you can also get non smoker rates.
If you do smoke marijuana, you really need to work with a life insurance agent who can help you find the life insurance company that will treat you most favorably when it comes to your specific use. While some companies will still approve you for recreational use most will offer you smoker rates, while with others you can obtain significantly better pricing at non-smoker rates. There is a huge price difference between smoker and non-smoker rates, which means you can save a significant amount of money by finding a life insurance company that provides non-smoker rates to marijuana smokers.
How Can I Get Non-Smoker Rates?
The first thing you should do when trying to get non-smoker rates is be upfront and honest on your application and discussion with your agent. By being upfront about your habits, you are gaining credibility with the insurance company and they are more likely to believe you about how often you smoke if you are upfront about it, rather than having to explain after it comes up in a urine sample. In addition if you don’t tell the insurance company about your use of marijuana, and there is no trace of marijuana in your system your family could be denied of a death benefit if you lied on your life insurance application.
Which Insurance Companies offer the Best Life Insurance for Marijuana Smokers?
Most insurance companies will classify you as a smoker if you smoke marijuana, however here are some companies that are a bit more liberal in their guidelines and are able to provide non-smoker rates:
American General: If you only smoke a couple of times a year, you can still qualify for Preferred Best Non Tobacco. Even if you smoke up to twice per month, you may be able to qualify for a Standard Non Tobacco rating.
Lincoln National: You can get a Standard Non Smoker rating for up to twice per week use of marijuana.
Metlife: You can get non smoker rates with use up to once per week.
Mutual of Omaha: Potentially Standard Non Smoker if a urin test reflects that you smoke about once per week.
Prudential: If marijuana doesn’t show up in a urin sample, and you smoke up to twice per week, you can get Standard Plus Non Smoker.
These five companies are the most flexible life insurance companies when it comes to marijuana smoking. If you smoke marijuana let us know by calling us or filling out our form below and we can help you find the best rates for insurance as a marijuana smoker.