Cigars & Life-Insurance... some real issues

K Baz · 11-09-2009, 04:08 PM

Personally I prefer full disclosure.

In my area its have you used any form of tobacco in the past 12 months - if yes smoker.

They do have a couple of companies that have cigar smoker rates. But it depends on the amount of cigars. If you smoking 50 cigars a year they will class you a smoker in my area.

I would personally and I have declared my smoking use and it costs me 15 $ a month more but thats cheap in my world for peace of mind.

Blueface · 11-09-2009, 04:41 PM

BTW,
Just to add to my "let your conscious be your guide" comment.

Think of it this way, you tell them you don't smoke, you save money on your premium and in the long term, make out like a bandit.
For that to be possible, there has got to be a flip side. The flip side here is when you lie or misrepresent information on an insurance application, you face risks as I alluded to, such as your policy possibly being declared void.

Always best to come clean, even if it costs you more since the risks seem to outweigh the rewards.

Just like this ethical issue there is the one every year, during open enrollment for benefits. My company gives a credit for non smokers. I have always declared myself a smoker, even if referring to cigars and not cigarettes, which I never touch the latter.

11-09-2009, 04:08 PM	#1
K Baz Just in front of theStorm Join Date: Oct 2008 Location: Regina - it rhymes with fun Posts: 162 Trading: (1)	Re: Cigars & Life-Insurance... some real issues Personally I prefer full disclosure. In my area its have you used any form of tobacco in the past 12 months - if yes smoker. They do have a couple of companies that have cigar smoker rates. But it depends on the amount of cigars. If you smoking 50 cigars a year they will class you a smoker in my area. I would personally and I have declared my smoking use and it costs me 15 $ a month more but thats cheap in my world for peace of mind.

11-09-2009, 04:41 PM	#2
Blueface Gramps 4x's Join Date: Oct 2008 First Name: Horatio Seymore Hiny Location: Boca Raton - North of La Habana Posts: 8,774 Trading: (8)	Re: Cigars & Life-Insurance... some real issues BTW, Just to add to my "let your conscious be your guide" comment. Think of it this way, you tell them you don't smoke, you save money on your premium and in the long term, make out like a bandit. For that to be possible, there has got to be a flip side. The flip side here is when you lie or misrepresent information on an insurance application, you face risks as I alluded to, such as your policy possibly being declared void. Always best to come clean, even if it costs you more since the risks seem to outweigh the rewards. Just like this ethical issue there is the one every year, during open enrollment for benefits. My company gives a credit for non smokers. I have always declared myself a smoker, even if referring to cigars and not cigarettes, which I never touch the latter. __________________ Little known fact: I am a former member of the Village People - The Indian