Smoking any kind of tobacco products will mean you'll possibly pay twice as much for your policy than someone who doesn't.  So, it pays to shop around insurers as each charge different rates for life and health insurance policies.

Why Do Insurers Charge More?

Because people who smoke, especially, are more likely to die, and die at an earlier age, than people who don't.

It’s Not Just Cigarettes

It's easy to assume that smoking cigarettes is the only thing that matters to the folks who set insurance premiums. But in fact, many also frown upon the use of other tobacco products.

A few examples:

• Cigars

• Electronic cigarettes (also known as e-cigs, e-cigarettes, electronic nicotine delivery systems, or personal vaporizers)

• Nicotine patches or gum

• Marijuana

• Chewing tobacco

If you use any of the above, expect companies to charge you more for insurance than they would if you didn't use those products.

Is the Odd Cigar OK?

If you smoke a "celebratory cigar" a couple of times a year, that will depend on the insurer but make sure you disclose this when you fill out any paperwork.

What About Marijuana?

Some life insurance companies are cool with marijuana use, especially if it's related to a medical issue, while others are the complete opposite. Some may even deny you coverage if you use it extensively.

Nicotine Patches and Gum?

These patches and gums deliver nicotine to the body.  That’s a problem because nicotine, regardless of how it's ingested, may increase a person's risk of developing heart disease—a health impact that surely doesn't sit well with insurance providers.

Also, when blood and urine tests are required, they can show the presence of nicotine or even cotinine, which indicates exposure to tobacco smoke.

You Must be Honest!

Never lie about your tobacco usage on your insurance application.  Not only is doing so illegal, but it's likely the truth will come out.  Doctor’s notes, blood test – and even Social Media today!

At best, the insurance company will raise your rates to be in line with what other tobacco users pay, while they might refuse cover due to non-disclosure.

Duration is an Issue

Usually if you’ve been smoke-free for more than one year they'll give you a "non-smoker" rate, providing you’re serious about quitting.

Stop and Pay Less

If you quit and wait a year, an insurer will likely offer ‘non-smoker’ rates.  It can save you thousands of dollars in premiums, as well as health care costs.