Archive · 23 Jun 2025
Smoking's Impact: Health Risks, Higher Insurance Premiums
Smoking is really bad for your health and can cause many illnesses.
Because smokers are more likely to get sick and die earlier, they have to pay a lot more for life insurance, which helps protect their families financially if something happens to them.
When you buy life insurance, you must be honest about whether you smoke or not.
If you quit smoking, you can save money on your insurance and be healthier.
So, kicking the habit is good for both your health and your wallet!
Smoking is a leading cause of preventable death worldwide.
Smokers pay significantly higher premiums for term life insurance.
Insurers assess smoking status when determining insurance premiums.
Non-disclosure of smoking habits can lead to claim rejection or policy cancellation.
Quitting smoking can lower insurance premiums and improve overall health.
- Who
- Smokers and non-smokers.
- What
- Smoking impacts health and term life insurance premiums.
- When
- Published on June 23, 2025.
- Where
- Delhi is mentioned as an example.
- Why
- Smokers pay higher premiums due to increased health risks.
- Deaths Worldwide Annually
- More than eight million
- Deaths in India Annually
- Approximately 1.35 million
- Premium Difference (35-year-old in Delhi)
- 80-100% more for smokers
- Monthly Premium (Non-smoker)
- ₹1,453 (for a ₹1-crore term policy)
- Monthly Premium (Smoker)
- ₹2,905 (for a ₹1-crore term policy)
- Smoking Definition by Insurers
- Varies; some use a 12-month lookback