I quite smoking 3 yrs ago this March. Is that long enough to get an insurance quote like I never smoked at all. Or is that possible?
Total Comments: 15
Posted: Sat Jan 05, 2008 05:56 pm Post Subject:
Hi hummingbird,
I don't know what type insurance you are referring to, but in most cases the answer would be "Yes".
Some insurance applications have the question:
"Have you ever used tobacco products?" I work with several insurance companies that would consider you a "Non Smoker" or a "Non Tobacco User".
It will depend on the insurance company and the particular insurance product.
Posted: Sat Jan 05, 2008 07:43 pm Post Subject: Life Insurance for Those Who Have Quit Smoking
Most life insurance companies will accept you as a non-smoker if you have used no tobacco products in the past 1-2 years.
If you have an existing life insurance policy which rated you as a smoker to begin with, you can contact your insurance agent ans ask to be re-rated, now that you no longer smoke.
Three years definitely seems to be long enough to be considered a non-smoker for most life insurance companies.
The question will be stated on the life insurance quote request form clearly, when the last time it was you smoked.
Make sure to compare quotes from several insurers, since rates can vary between insurers by up to 50% or more.
Posted: Sat Jan 05, 2008 08:11 pm Post Subject:
Congratulations on being three years tobacco free. I know how hard that can be. It will vary by insurance company but 3 years is definetly long enough to be considered a non-smoker.
Posted: Sun Jan 06, 2008 01:14 am Post Subject:
That is one heck of an accomplishment, it is really hard to quit smoking, you should be very proud of yourself. Did you notice results right away, they say after 7 days, you see a lot of difference in the way you feel. I smoke and have discussed quitting in another thread here. avengerski is doing a great job too on this, maybe I will consider trying it.
Posted: Sun Jan 06, 2008 03:04 am Post Subject:
I quit smoking the first time I tired. It feels so great to hear all of you say I can be considered a non smoker! I would advice all of you that smoke to quit now it can save your life and breath. This is a wonderful site about.com look for the smoking forum. I am a member there.The secret to quitting is all in the way you think. Once you know the secret you can quit and quit for good. If you need any help please let me know. I can now breath and yes if you have smoked for a number of years yes you will notice a difference after a week and you will feel the differenec for a long time to com. I am still feeling the difference.I started when I was 17.Good luck to all who quit.It will be one yr March the 19 th,2008
Posted: Sun Jan 06, 2008 03:16 am Post Subject:
One thing that I keep noticing is how much cigarette smoke I can smell on people that I never smelled before. I also enjoy not having to clean the inside of the windows in my car every week to get the tar buildup off. Man that stuff can be a pain to remove.
Posted: Sun Jan 06, 2008 07:22 am Post Subject:
Do you realize that by quitting, you can apply the money you'd spend on smokes to a life insurance policy? That's kind of ironic isn't it?
Posted: Sun Jan 06, 2008 05:12 pm Post Subject:
Except for the fact that I already have 300k in life insurance policies. I've turned the extra money into building up my emergency savings fund.
Posted: Sun Jan 06, 2008 06:16 pm Post Subject:
Sorry, but I just need to butt in one more time.
Hi avengerki, your last post really got my attention:
Except for the fact that I already have 300k in life insurance policies.
I congratulate you on the foresight to buy life insurance and you seem to feel that $300,000 is an extraordinary amount, but is it?
Are you married, with a family? Let's assume for a moment that you are.
Let's also assume that you make $50,000 per year and have a mortgage of $ 150,000.
Your current life insurance program would retire your mortgage, leaving $150,000 for your family - after paying your "final expenses", whatever they would happen to be, that leaves less than 3 years of income for your family.
Think about it.
Posted: Sun Jan 06, 2008 06:39 pm Post Subject:
I am divorced. My exwife is remarried(for the third time I was her first). I do have a $150000 mortgage and make roughly what you stated. And ok if you want to get technical that is $300k that I pay for, I get another $300k through work. I have roughly $50k in retirement savings and $25k in stocks. Aside from the mortgage I have about 1k in debt. And I think I have a couple of 10k and 30k life insurance policies out there from different banks and associations which provide it free for being a member. For a 28 year old person I would say thats not to bad, it isn't the greatest but its diffinitely not the worst.
So since if I were to pass, all of that would be going to my children (both preteens). If my exwife gets ahold of it she will probably blow it all in a month or 2. Hell my kids may do that too. I have been thinking of having my assets turned into a CURT and that way they have a guaranteed income for a period of time.
Posted: Sat Jan 05, 2008 05:56 pm Post Subject:
Hi hummingbird,
I don't know what type insurance you are referring to, but in most cases the answer would be "Yes".
Some insurance applications have the question:
"Have you ever used tobacco products?" I work with several insurance companies that would consider you a "Non Smoker" or a "Non Tobacco User".
It will depend on the insurance company and the particular insurance product.
Posted: Sat Jan 05, 2008 07:43 pm Post Subject: Life Insurance for Those Who Have Quit Smoking
Most life insurance companies will accept you as a non-smoker if you have used no tobacco products in the past 1-2 years.
If you have an existing life insurance policy which rated you as a smoker to begin with, you can contact your insurance agent ans ask to be re-rated, now that you no longer smoke.
Three years definitely seems to be long enough to be considered a non-smoker for most life insurance companies.
The question will be stated on the life insurance quote request form clearly, when the last time it was you smoked.
Make sure to compare quotes from several insurers, since rates can vary between insurers by up to 50% or more.
Posted: Sat Jan 05, 2008 08:11 pm Post Subject:
Congratulations on being three years tobacco free. I know how hard that can be. It will vary by insurance company but 3 years is definetly long enough to be considered a non-smoker.
Posted: Sun Jan 06, 2008 01:14 am Post Subject:
That is one heck of an accomplishment, it is really hard to quit smoking, you should be very proud of yourself. Did you notice results right away, they say after 7 days, you see a lot of difference in the way you feel. I smoke and have discussed quitting in another thread here. avengerski is doing a great job too on this, maybe I will consider trying it.
Posted: Sun Jan 06, 2008 03:04 am Post Subject:
I quit smoking the first time I tired. It feels so great to hear all of you say I can be considered a non smoker! I would advice all of you that smoke to quit now it can save your life and breath. This is a wonderful site about.com look for the smoking forum. I am a member there.The secret to quitting is all in the way you think. Once you know the secret you can quit and quit for good. If you need any help please let me know. I can now breath and yes if you have smoked for a number of years yes you will notice a difference after a week and you will feel the differenec for a long time to com. I am still feeling the difference.I started when I was 17.Good luck to all who quit.It will be one yr March the 19 th,2008
Posted: Sun Jan 06, 2008 03:16 am Post Subject:
One thing that I keep noticing is how much cigarette smoke I can smell on people that I never smelled before. I also enjoy not having to clean the inside of the windows in my car every week to get the tar buildup off. Man that stuff can be a pain to remove.
Posted: Sun Jan 06, 2008 07:22 am Post Subject:
Do you realize that by quitting, you can apply the money you'd spend on smokes to a life insurance policy? That's kind of ironic isn't it?
Posted: Sun Jan 06, 2008 05:12 pm Post Subject:
Except for the fact that I already have 300k in life insurance policies. I've turned the extra money into building up my emergency savings fund.
Posted: Sun Jan 06, 2008 06:16 pm Post Subject:
Sorry, but I just need to butt in one more time.
Hi avengerki, your last post really got my attention:
Except for the fact that I already have 300k in life insurance policies.
I congratulate you on the foresight to buy life insurance and you seem to feel that $300,000 is an extraordinary amount, but is it?
Are you married, with a family? Let's assume for a moment that you are.
Let's also assume that you make $50,000 per year and have a mortgage of $ 150,000.
Your current life insurance program would retire your mortgage, leaving $150,000 for your family - after paying your "final expenses", whatever they would happen to be, that leaves less than 3 years of income for your family.
Think about it.
Posted: Sun Jan 06, 2008 06:39 pm Post Subject:
I am divorced. My exwife is remarried(for the third time I was her first). I do have a $150000 mortgage and make roughly what you stated. And ok if you want to get technical that is $300k that I pay for, I get another $300k through work. I have roughly $50k in retirement savings and $25k in stocks. Aside from the mortgage I have about 1k in debt. And I think I have a couple of 10k and 30k life insurance policies out there from different banks and associations which provide it free for being a member. For a 28 year old person I would say thats not to bad, it isn't the greatest but its diffinitely not the worst.
So since if I were to pass, all of that would be going to my children (both preteens). If my exwife gets ahold of it she will probably blow it all in a month or 2. Hell my kids may do that too. I have been thinking of having my assets turned into a CURT and that way they have a guaranteed income for a period of time.
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