Cigar smoking and Life Insurance premiums.

jkim05 · 09-03-2010, 06:07 AM

It depends on how the company's applications are worded, what the agent chooses to disclose to the underwriter (which technically speaking is supposed to be everything) and the size of the policy. Policies above a certain size will require a blood test. The general suggestion is to quit a month prior to the bloodtest, but for the company I used to work for, I you told me you smoked cigars once a week, I would have to decide whether I wanted to let the insurance company know, but legally I was supposed to. If the client neglected to inform me, the worst thing that could happen is after the blood test they come back with a smoker rate.

09-03-2010, 06:07 AM	#1
jkim05 Feeling at Home Join Date: Oct 2008 First Name: Jeremy Location: Rockville, MD Posts: 519 Trading: (17)	Re: Cigar smoking and Life Insurance premiums. It depends on how the company's applications are worded, what the agent chooses to disclose to the underwriter (which technically speaking is supposed to be everything) and the size of the policy. Policies above a certain size will require a blood test. The general suggestion is to quit a month prior to the bloodtest, but for the company I used to work for, I you told me you smoked cigars once a week, I would have to decide whether I wanted to let the insurance company know, but legally I was supposed to. If the client neglected to inform me, the worst thing that could happen is after the blood test they come back with a smoker rate.