November, 24 2017

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Best Life Insurance Companies for Smokers

Best Life Insurance Companies for Smokers

Best Life Insurance Companies for Smokers

If you are a cigarette smoker and are searching for cheap life insurance than you came to the right place.  This article will show you some the best life insurance companies for smokers.

Not all companies are the same

Each life insurance company has their own underwriting guidelines and prices for a smoker.  Rates can vary drastically from one company to the next for the same coverage.  Therefore it’s imperative to shop around or use an independent agent to receive multiple rate quotes to ensure you find the best deal.

Cheapest life insurance for smokers

Let’s take a look at the sample rates for a 40-year old female, smoker, in excellent health looking for a $250,000, 20 year level term life insurance policy.

 

Company   A.M. Best Rating  Annual  Monthly   Product   Rating Class

Transamerica Life Insurance Company       A+

$617.50

$54.03

Trendsetter Super 20 Preferred  Smoker
Ohio National Life Assurance Corporation       A+

$630.00

$54.50

FlexTerm Series IX – 20 Year Plus Select Smoker
New York Life Insurance Company       A++

$635.00

$56.48

20 Year Level Term (20LCT) Select Standard
Banner Life Insurance Company       A+

$640.00

$56.00

OPTerm 20 – 20 Year Term Preferred Smoker
Sunset Life Insurance Company of America       A-

$642.50

$54.61

Term 20 – 20 Year Term Preferred Smoker
Northwestern Mutual Life Insurance        A++

$643.00

$55.49

TT Level Term 20 Premier Tobacco
American General Life Insurance Company       A

$646.50

$56.57

Select-a-Term – 20 Year Preferred Tobacco
Pacific Life Insurance Company       A+

$650.00

$54.17

Pacific PRIME Term 20 Preferred Tobacco
National Western Life Insurance Company       A

$655.00

$58.30

NWL Term 20 Preferred Tobacco
ReliaStar Life Insurance Company (ING)       A

$662.50

$57.97

TermSmart 20 – 20 Year Term Preferred Tobacco
EMC National Life Company       A-

$665.00

$59.19

Term Select – 20 Year Preferred Tobacco
The Penn Mutual Life Insurance Company       A+

$670.00

$58.29

Guaranteed 20 Year Term (CA) Preferred Smoker
AAA Life Insurance Company       A-

$670.00

$58.96

20 Year Level Term Preferred Nicotine
Cincinnati Life Insurance Company       A

$670.00

$58.96

LifeHorizons Termsetter 20 Preferred Standard
National Western Life Insurance Company       A

$672.50

$59.85

NWL Secure Term 20 Preferred Tobacco
Western-Southern Life Assurance Company       A+

$672.50

$65.91

20-Year Guaranteed Level Term Preferred Tobacco
Minnesota Life Insurance Company       A+

$675.00

$59.40

Advantage Elite Select Life – 20 Year Preferred Tobacco
Columbus Life Insurance Company       A+

$680.00

$57.80

Nautical Term – 20 Year Preferred Tobacco
Genworth Life and Annuity Insurance Co       A

$685.00

$59.94

Colony Term 20 Preferred Nicotine Use
Genworth Life Insurance Company       A

$685.00

$59.94

Colony Term 20 Preferred Nicotine Use
Pruco Life Insurance Company       A+

$690.00

$62.10

Term Essential 20 (<250K PruXpress ONLY) Preferred Smoker
North American Co for Life and Health       A+

$692.50

$60.59

ADDvantage 20 Preferred Tobacco
Transamerica Life Insurance Company       A+

$692.50

$60.59

Trendsetter Express 20 (250K+) Preferred Smoker
Midland National Life Insurance Company       A+

$692.50

$60.91

Premier CS4 – 20 Year Term Preferred Tobacco
Fidelity Life Association       A-

$697.50

$60.68

Hybrid Term – 20 Year (with blood test) Preferred Nicotine
Symetra Life Insurance Company       A

$702.50

$61.47

20 Year Level Term Preferred Nicotine
MetLife Investors USA Insurance Company       A+

$706.50

$63.59

Guaranteed Level Term 20 Preferred Smoker
United of Omaha Life Insurance Company       A+

$707.50

$61.91

Term Life Answers 20 Preferred Tobacco
National Life Insurance Co of Vermont       A

$710.00

$62.48

GL-20 – 20 Year Level Term Preferred Tobacco
Principal National Life Insurance Co       A+

$712.50

$62.34

20-Year Term (2014) Preferred Tobacco
Transamerica Life Insurance Company       A+

$725.00

$63.44

Trendsetter LB 20 Preferred Smoker
Nationwide Life and Annuity Insurance Co       A+

$742.50

$66.08

YourLife(SM) GLT 20 Year Term Standard Preferred
Pan-American Life Insurance Company       A

$750.00

$65.25

Sentinel Series 20 – 20-Year Term Preferred Smoker
Security Mutual Life Insurance Co of NY       A-

$755.00

$67.95

LT Security Plus 20-Year Preferred Smoker
Pruco Life Insurance Company       A+

$760.00

$68.40

Term Elite 20 (<250K PruXpress ONLY) Preferred Smoker
American United Life Insurance Company       A+

$762.50

$67.86

American Protector Plus – LTP 20/20 Preferred Tobacco

Conclusion

As you can see, life insurance can be affordable if you are a smoker.  Just make sure to shop around to receive multiple rate quotes in order to find the best policy.