If you're a smoker, you probably know that you will pay more for life insurance and health insurance than people who don't use tobacco. This is because even the best life insurance companies consider you a higher risk than non-smokers. In their eyes, if you don't start out healthy at the beginning of your policy, your health is not likely to improve substantially. Therefore you will generally pay more for your policy.

Tobacco use is a red flag when it comes to applying for term life insurance. Even the best term life insurance companies will not make distinctions between how you use tobacco and how frequently you use it. However, some companies will regard the occasional smoker in a different way than the regular tobacco user. The key for smokers who are trying to take out term life insurance policies is to find insurance companies that fall within the second category.

When you're looking for the best life insurance companies that do make distinctions, you may be surprised at just how technical they get. Many will base their premiums upon the type of tobacco you use and will class cigarettes, pipes, cigars, and marijuana differently. You must be honest on your application form for term life insurance and answer all questions truthfully. If it turns out that you have not disclosed vital information, your insurance company will most likely refuse to pay out.

If you are a smoker, you may deem these attitudes to be unfair. However, it is worthwhile viewing the situation from the perspective of insurance companies to understand the reasons behind their decisions. Generally, smokers are absent from work more often than non-smokers. They are also more prone to smoke-related illness than other people and may end up suffering from lung cancer, high blood pressure, diabetes and a host of other debilitating illnesses. Obviously, if you constitute a higher risk for any form of insurance, you will pay a higher premium.

However, it is likely that you will pay less for life insurance than you would have just five years ago. In recent years some low cost term life insurance policies have been developed specifically for tobacco users. If you are of good health and a healthy weight, you will not find it difficult to obtain approximately $250,000 worth of life insurance coverage for around $40 per month for ten years.

The easiest way to find the best term life insurance policies for smokers is to investigate your options online. You can then request several quotes from companies that specialize in life insurance for tobacco users. Get ready to find affordable rates and compare prices to get the best deals possible.