Reader question:

Will I get a Texas smoker life insurance rate if I start after getting rated?

Jerry

Interesting question.

Now that you know about lying on your application to get the non Texas smoker life insurance rate, what happens if you begin smoking after you have already purchased a non smoker claim? Should you get your policy rated again at a smoker fee in order to avoid getting your family into trouble in the event of your death? Are you under risk of having your policy canceled?

Not really. It may not make any sense at all, but the truth is that with most companies, if you decide to pick up a cigarette every day and have a go after you have already gotten your policy, they don’t mind. Most companies care more about you telling the truth on your application, and somebody starting smoking after they’ve already bought a policy is so rare as to not be worth addressing by most companies.

Now, if you have a term policy, then once it ends, if you are still smoking, you will recieve a Texas smoker life insurance rate for your renewal.

take care,

Fashun.