Nicotine Boost Increases Insurance Premiums

Nicotine Boost Increases Insurance Premiums

A recent Harvard study found that cigarette companies are not only packing cigarettes with an increasing amount of nicotine (the nicotine amounts rose11 percent from 1998-2005);SMOK NORD they are also reconfiguring cigarette designs so smokers get more puffs per cigarette. It's not like smoking was already hard enough to quit.How does this nicotine hike affect your pocketbook? From an insurance standpoint, smoking is risky business.

If you're a smoker, it's likely your life and health insurance are significantly higher than a nonsmoker's. In fact, health strategists with Hewitt Associates estimate that smokers' premiums are often at least 25 percent more than nonsmokers. Some insurance companies even offer a discount for nonsmokers with the idea they will live longer and will be safer drivers.But smokers, don't think insurance companies are out to get you. There is rationale behind their concept. In addition to being more prone to lung cancer, heart attacks, cardiovasculardisease and emphysema, etc. to name a few, as a smoker you likely have more frequent doctor's visits and illnesses than a nonsmoker.

Not only do smokers spend a lot of time in the doctor's office, they also do not live as long. The average life span of a smoker is expected to be ten years less than that of a nonsmoker - making life insurance premiums soar. The National Center for Chronic Disease Prevention and Health Promotion estimates that more than 400,000 Americans die prematurely from cigarette smoking each year.

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