Here at Life Insurance for Smokers we understand that Insurance is not always easy to understand so we have compiled some of our most frequently asked questions below:
Do you charge for your services?
We do not charge you to compare quotes online, however If you take out an insurance policy through us then we will receive a commission from the insurance provider for setting up your policy.
Will I pay more for my Insurance being a smoker?
We’re afraid that with every UK insurance provider you will have to pay more for your life insurance as a smoker as you are seen as a greater risk than a none smoker. But we can still offer some fantastic rates compared to most other companies.
How can I reduce the cost of my insurance premiums?
There are a few ways to help reduce what you would pay for Life Insurance as a Smoker.
Beside quitting smoking, one of the most effective ways is to obtain your quote(s) from an independent broker such as ourselves. Because we are fully independent we will compare quotes from the whole of the market and find you the most suitable policy at the best possible price and not just select from a few insurers which will earn us the most money
How much Smokers Life Insurance should I be covered for?
This is a tricky one and is completely dependent upon your personal circumstances. Our advisors are fully qualified and will offer you sound and impartial protection advice regarding how much cover you need and remember, you will speak to an advisor not a sales person.
What exactly does ‘Selling on an advised basis ‘ mean?
This basically means you can be advised when purchasing your life Insurance for Smokers. This protection advice must be sound and impartial when being given by an independent broker.
Please be wary about buying your Smokers Life Insurance on a ‘None advised basis’ as the person will not be able to offer any advice and will not have a sound idea as to whether or not the product is the most suitable one for your requirements.
Can I buy my Life Insurance Online without speaking to an advisor?
Absolutely not. Even with an instant online quote service, you must at the very least speak to a none advised salesperson who will take you through the keyfacts etc.
This is part of the compliance procedure enforced by the FSA to protect yourself from untrustworthy companies and to help make sure you are not purchasing the wrong type of cover.
As mentioned in the previous question, we strongly recommend that you purchase your insurance from a fully qualified brokerage service such as ourselves and you can speak to an advisor who is knowledgeable and qualified to offer impartial protection advice without the sales pitch.
Will I have to take a medical examination?
When the insurance provider receives your application it will then be passed on to a medical underwriter to determine whether or not you must undertake a medical examination before they will cover you.
The cost of this is paid for by the insurer and you have the right to view the report before it is sent off to them.