No one said it would be easy, but giving up smoking is a great goal that is not impossible to reach. Why not join the group of people who quit smoking today? Now that you've quit smoking, we have even better news for you.
If you stop smoking, you can expect more than just a longer life and a big improvement in your health. The saving in your life insurance premiums will be noticeable too. Even though you might have to wait a while to get this last savings, the money you save on cigarettes can make a big difference in your wallet in the meantime.
It's pretty common for insurance companies to ask that you haven't smoked for at least five years. The exact words are "not smoked or used nicotine products."
Some insurers, on the other hand, will reward you for being good by cutting the time you have to go without smoking to just 12 months. If you know for sure that you haven't smoked for a whole year, ask your insurance company what they think about this. If you can do better, do your research and think about switching to an insurer who will treat you better. As a smoker, you probably paid about 60% more for your life insurance, so you should be able to save money. Leave your old cover in place for now. You don't want to be uninsured, so don't do anything until you get written approval from your new insurance company.
Find a life insurance broker if you want to know everything you need to know about switching insurance companies. The best place to look is on the web. Comparison sites won't be very helpful because they won't tell you anything about the time you can't smoke. Your online broker will be able to give you all the information you need and help you compare prices, keeping in mind the 12-month rule. There is also a discount for buying online. Start by talking to a person and telling them what's going on.
Your quotes will get to the right people quickly. Then you can compare these prices to what your current policy costs, which was calculated when you were still smoking. The total cost is what matters, and we think you may be surprised at how much you can save. There is no limit to how much help you can get or how many quotes you can get. Your broker will be happy to help, and you don't have to do anything.
When you find a quote that interests you and has the 12-month condition, you'll need to fill out an application form. Do read every question and question carefully. Give a full answer and tell the truth. People sometimes try to get their insurance premiums down by giving the answer they think the insurance company wants to hear instead of the whole truth and nothing but the truth. It just isn't worth it.
The first price you were given would be the standard terms of the insurance company. The answers to questions about health and weight could have an effect on the final number. By keeping your current insurance, you'll have time to think about the quote and make sure that your twelve months of good behaviour have earned you the savings they deserve.
Don't be afraid to switch insurance companies. From your point of view, it's not much trouble, and that's what the broker is there for.
Don't postpone it. Today is the day to get things going.
