If I am a smoker, how will it affect life insurance?

Your life insurance is one of the most valuable commodities that you can purchase for your loved ones. If you are a smoker, you can still get life insurance, but it is going to cost you a lot more money to be insured. Your monthly, quarterly, or yearly premium will be substantially higher than that of a nonsmoker. The reason for this is due to the years of research that state the negative benefits that smoking has on the body. Your chances of dying younger are much more likely, and the insurance company will not make as much money from you over the course of the plan. Whole life and term life insurances both offer higher rates for smokers, but you should contact many companies to get the lowest possible smoker rates.