Vapers Life Insurance
If you currently pay for your Life Insurance as a smoker, have not given up nicotine fully but now vape or use nicotine replacement instead, then you can typically save 50% on the cost of your current Life Insurance Premiums. Alternatively, If you are currently looking to apply for a new Life Insurance policy as a vaper please speak to us on 0161 470 4820 to discuss the same preferential rates.
For obvious reasons, smokers pay more for Life Insurance than non-smokers. Until recently all of the Life Insurance providers included Vapers within the same higher risk category as people who smoke cigarettes.
Typically smokers & vapers premiums are 250% as expensive as non-smoker life insurance premiums.
Example - where a non-smoker pays £20 per month for Life Insurance, a smoker would pay £50 per month
New Reduced Cost Life Insurance For Vapers & Ex Smokers Who Use Nicotine Replacement
One of the insurance providers have recently reduced the cost of life insurance for people who no longer smoke (but do vape) when compared to the cost of life insurance for a smoker. This is typically done as follows :-
- Vape only for 1 year plus = non smoking premium plus 66%
- Vape only for 5 years plus = non smoking premium plus 33%
Critical Illness Cover For Vapers
If you have vaped for more than 12 months you now qualify for Critcal Illness Cover at the same Non Smokers Premium Rates