Smoker Life Insurance Tampa Florida FL
Reader’s Question:
I finally did it. I have not touched a cigarette in three months. It has not been easy but I no longer crave tobacco. Best of all, I can breathe, haha! What about life insurance, am I eligible to get one in Tampa, Florida?
Cameron
Tampa, FL
Hello Cameron,
Let’s begin with a pat on the back! Life insurance for smokers does exits but it sure is easier and less expensive if you are classified a non-smoker. Most life insurance companies in Tampa, FLorida will still consider you a smoker. You should visit your physician in Tampa and be tested. Go back in several months and get further verification that you are a non-smoker. In the meantime, you should approach an experienced life insurance agent from Florida FL and let him know you are seeking life insurance. Experienced agents should be able to find you reputable, competitive carriers. It is important to shop around in Florida since different life insurance companies will have different policies.
Most life insurance companies will consider you a smoker until you have gone two to three years without smoking but there are incentive plans and discounts as you proceed. You definitely need multiple life insurance proposals and you should tell your agent that is your wish. Take the time to review each proposal and work with the agent to select the life insurance policy that best suits your purpose. I am confident you will eventually find your way to get insured in Tampa, Florida soonest!
Tags: life insurance, smoker life insurance
Term life insurance Tampa FL
Reader’s Question:
My insurance provider in Tampa, Florida has recently introduced a new product called a ROP policy. Can you tell me more about ROP policy?
Kevin
Tampa, FL
Return of Premium (ROP) policies may be a bit more costly but offer the benefit of returning your paid premiums if you outlive the term of the policy. They also offer you the choice of term length and policy amount just like a term life insurance policy.
In its original form, ROP term life insurance was designed to refund the holder of the policy at the end of their chosen term if they outlive that term. As the product has been developed further, there are now various variations which allow policyholders to receive partial refunds by cancelling their policy some years into their chosen term.
ROP term life insurance offers customers options. It generally falls into the middle of less expensive normal term life insurance products and more expensive permanent or whole life insurance policies. It offers all the benefits of a traditional term life insurance with the added bonus of being able to have your paid premiums returned to you if you outlive you chosen term or receive a partial refund if you find a greater need for the money part way through the policy’s term.
Tags: life insurance, term life insurance
Smoker Life Insurance Rates Tampa Florida FL
Reader’s Question:
I have been a heavy smoker for years and I dread to get a life insurance because I am pretty sure they will let me pay very high premiums. Is there any way I can cut down on life insurance premium since I can’t cut down on smoking. I am planning to get one from Tampa.
Anton
Tampa, FL
Hello there, Anton.
It is one of the most practical options for you to get a life insurance especially that you are a smoker. Life insurance companies will normally charge higher premiums for smoker because cigarette smoking causes a lot of complications to our body.
However, most life insurance companies also consider the fact that not all smokers decide to stay smokers in their entire lifetime. That is why most life insurance companies in Tampa Florida FL offer a substantial discount for most smoker life insurance policy holders the moment the smoker can give ample evident that he has quit, or at least has made simple steps to cut down on smoking.
Here are a few examples I can give you on ways you can get discounts. If you are smoking 20 sticks regularly, why not consider cutting down to 15 per day? If you can bear with that, then you can eventually cut down a little more to 10 daily…and so on and so forth, until such time when you are ready to quit.
Even if you have not quit yet, the life insurance company you are with in Tampa can check on your efforts and can have you checked up for any improvements in your health brought about by lowered nicotine in your body.
Simply put, it is a matter of prioritizing your health and guarding your pocket from high insurance premiums. Quitting is not really for anyone else but for your own sake.