Your Michigan Life Insurance Options If Your Are Vaping
For most Michigan life insurance carriers, you’ll find that the required medical exam (or paramed) to qualify for a policy can detect nicotine in your urine. This will most likely put you in the same boat as traditional cigarette smokers, and in the same underwriting class. Which means that the best non-smoker rate classes will probably not be in the cards if you’re vaping.
However, while the majority of insurance carriers consider vaping no different than smoking, a life insurance agent who is well-versed in underwriting guidelines will know there’s at least one major life insurance company that offers “Non Smoker” rates for unlimited vaping, cigar use, or chewing tobacco as long as no cigarettes have been smoked in the last 12 months. I am sure at this point you are curious to know which carrier?
Your Rates
We will have to wait for long-term health studies prove or disprove that e-cigarettes and vapes are less harmful than traditional cigarettes. Until then, in most circumstances the best rates you’ll be offered from most life insurance companies if you’re a “vaper” will be the “Preferred Smokers” rate which, is over FOUR times higher than the best preferred non-smoker rate class. Of course, that might change in the future. Time only tells with life insurance carriers and how they handle underwriting.
What we do know is that vaping has become increasingly popular. We can argue the health effects, but again we can't argue the popularity. The agency itself promotes healthy choices, so make sure to research vaping the effects.
Conclusion
If you are vaping in the state of Michigan, their are choices for your life insurance needs. You need a experienced agent who understands multiple carriers, and how they handle their underwriting guidelines. Make sure to reach out to us today to learn more at 586-277-1138.
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