Term Life Insurance For Smokers

Know the best term life insurance products offered by top insurers in the country for those categorised as smokers. Listed below are the preferable plans, plus the penalty for giving incorrect information to the insurer - whether one is a smoker or not.
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Individuals who have an addiction to smoking can avail of term insurance policies specially designed for smokers. Smokers looking to avail of term insurance are required to provide the insurance company with all relevant information regarding their smoking habits.

Categories of Smokers

In general, most insurance companies have differentiated smokers by placing them into three separate categories:

  • A typical smoker
  • A preferred smoker
  • A table rated smoker

Of these categories, typical smokers are considered to be ones with small health issues while preferred smokers are generally considered to be fit. However, table rated smokers are considered to be ones with notable physical issues. Premium given out to smokers are typically higher than regular insurance premiums due to the higher level of risk involved.

General Features of Term Insurance Plans for Smokers

While term insurance for smokers differs from company to company, these are some of the general features of these policies:

  • The minimum age of entry is usually 18 years of age
  • The maximum age that up to which the policy covers the client is 75 years of age
  • The minimum policy term can vary from 5 - 10 years
  • The maximum policy term can vary from 30 - 40 years
  • The minimum Sum Assured can vary from Rs 3 lakhs to Rs 50 lakhs
  • The maximum Sum Assured can rise to any amount without limit
  • Premiums are usually paid on an annual basis
  • In order to avail of this type of insurance policy the person should be a resident of India residing in India
  • In the event of death of the policy holder during the term of the policy, the Sum Assured shall be paid to the nominee
  • Should the policy holder survive to the end of the policy term, no maturity benefits can be availed. However this depends on the company’s policy.

Popular Term Insurance Plans for Smokers

The following are some of popular and affordable term insurance plans for smokers:

  • iTerm Plan from Aegon Religare - One of the most affordable term insurance plans for smokers in the market. It is available for clients up to 75 years of age and come with 3 riders.

  • HFDC Life Click 2 Protect Plus Plan - This term insurance plan can be bought online and offers payment in the form of a lump sum to the nominee in case the insured passes away during the term of the contract.

  • Aviva i Life- This is a pure protection plan which can be purchased online. This plan provides only death benefits, with no maturity benefits available. Women can avail of an additional rebate of 5% on the premium offered to men.

  • Bharti AXA Life eProtect Plan - This term insurance plan offers minimum sum assured of Rs 25 lakhs and comes with a Family Care Benefit option

  • LIC Amulya Jeevan - This term insurance plan is a low cost risk plan which offers a rebate on large sum assured with high tenure of 35 years available to clients as well.

Effects of not Providing Correct Information

Clients withholding information regarding their smoking habits as well as state of health could face the charges below:

  • Any individual withholding relevant information from the insurance company could be held liable for insurance scam
  • Withholding of information could also lead to the client’s contract or policy to be cancelled and declared invalid by the company
  • Any individual withholding information will be denied any benefits that the policy might offer

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

Customer Reviews

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  • LIC Life Insurance
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    I bought the life insurance policy from LIC and the policy is alive. Its because of the claim settlement ratio which is higher when i compared to other policy provider so that i have selected LIC company. I pay the premium amount of more than Rs. 25000 in a year. I pay the premium through online.
    Was this review helpful? 0
    , kolkata
    Reviewed on Jan 22, 2020
  • LIC
    LIC Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have taken life insurance policy through LIC agent ,This was an endowment policy .I am paying the premium for the past 15 to 20 years .I am paying the premium through quarterly basis and each information is given by the agent.I have got the policy documents on time .I have surrender the policy and got the amount .
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 22, 2020
  • LIC Life Insurance
    "Best policy"
    0.5 4.0/5 "Great!"
    LIC, they will give good returns hence I have chosen the same company for life insurance policy. I bought the Jeevan Anand policy before 4 years ago. Total term period of the policy is 25 years. Its a tax beneficial policy. I pay the premium through the online. I never contacted the customer care service so far.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 22, 2020
  • LIC Life Insurance
    "Good Service"
    0.5 4.0/5 "Great!"
    I have taken Life Insurance policy through LIC agent .I am paying the premium on quarterly basis .This was a money back policy it is taken for my family purpose only.The complete details about this policy was clearly shared by the agent .Premium is mostly paid through cheque only.I am totally satisfied with this policy.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 22, 2020
  • LIC Life Insurance
    "Good Service"
    0.5 4.0/5 "Great!"
    I have taken life insurance policy directly through LIC agent.This was a money back policy for the tenure of 10 years .The premium is paid on quarterly basis .Each and everything was good and this policy is highly beneficial for family .I am paying the premium through cheque only.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 22, 2020
  • LIC Life Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    I have taken Life Insurance through LIC directly .This policy tenure is 20 years, will be getting some good returns. The payment mode is auto debit option. I am paying the premium on monthly basis of Rs.823 and this policy is still active on my name .I have got all the update about the policy through the agent .Even got my policy documents on time as well.This policy is highly beneficial and will be useful for me and my family.
    Was this review helpful? 1
    , kolkata
    Reviewed on Jan 21, 2020
  • LIC Life Insurance
    "Good Service"
    0.5 3.5/5 "Pretty good"
    I have taken life insurance policy directly through LIC agent .This was a term plan it is applicable till the age of 70years old.I am paying the premium on half yearly basis ,This is a death benefit plan totally useful for family members .Each and every details about the policy was clearly shared by the agent.This policy is still active and much comfortable .
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 21, 2020
  • LIC Life Insurance
    "Best policy "
    0.5 5.0/5 "Blown Away!"
    I have taken life insurance policy through LIC by an agent. This was a money back policy for the tenure of 20 years and i am paying the premium on monthly basis through online by ECS mode. I am paying Premium Rs.2800 and this policy is still active on my name.
    Was this review helpful? 0
    , kochi
    Reviewed on Jan 21, 2020
  • Tata AIA Life Insurance
    "Client communication must"
    0.5 4.0/5 "Great!"
    I have taken my life insurance policy from TATA AIA and it is a money back policy. I am not getting correct information i would request to send a mail regarding dividend every thing they should communicate. They take care of their customers concern. They take care of their schemes and also getting bonus.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 21, 2020
  • LIC Life Insurance
    "Good Service"
    0.5 4.0/5 "Great!"
    I have taken life insurance policy directly through LIC agent.This is a maturity benefit policy for the tenure of 20years ,I am paying the premium through agent as well as cheque .This policy is highly beneficial for family and this policy is still active. I am satisfied with the service so far.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 21, 2020
  • HDFC Life Life Insurance
    "Good insurer"
    0.5 4.0/5 "Great!"
    My son in law has suggested a life insurance to take from HDFC Life. So I have taken on 2 years before. It covers my whole family. It is a single payment for this insurance. I am not aware about tenure period. I got all details about this policy and got documents on time.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 20, 2020
  • LIC Life Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    LIC has offered a Jeevan Anandh policy. While checking terms and conditions I felt pretty happy with their schemes so I had opted for it. Last year of July I got this policy. The tenure period of 20 years. I use to pay premium amount on quarterly basis of 5,200 rupees. It covers myself. No late payment issue.
    Was this review helpful? 0
    , keonjhar
    Reviewed on Jan 20, 2020
  • LIC Life Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in LIC on one year back. The policy is for 25 years. I am paying premium on quarterly package the amount of 4K which is nominal. While getting this insurance my agent has given an information about the policy details. It covers myself. It is a money back policy.
    Was this review helpful? 0
    , keonjhar
    Reviewed on Jan 20, 2020
  • LIC Life Insurance
    "Best policy"
    0.5 4.0/5 "Great!"
    LIC has offered a Jeevan Anand policy and i am holding since 30 years before. Now I am paying premium amount once in 3 months with the premium of 1369 rupees. While getting this policy my agent has given all information about the policy details and the coverage value of Rs. 1L
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 20, 2020
  • LIC Life Insurance
    "Need policy"
    0.5 5.0/5 "Blown Away!"
    All my relation have a life insurance policy from LIC so that i have taken the policy with them. I bought the policy almost 3 years. Total term period of the policy is 15 years. I have been paying the premium amount of Rs. 30000 on a monthly basis and my friend is working as a LIC agent has referred me about this policy.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 20, 2020
  • LIC Life Insurance
    "Good Service"
    0.5 4.0/5 "Great!"
    I have taken Life Insurance policy through LIC agent .This was a maturity benefit policy and this policy tenure is 20 years .I need to pay the premium within 3 months .The premium is paid on through the agent.This policy is taken for family benefits. The complete process was shared by the agent.
    Was this review helpful? 0
    , thane
    Reviewed on Jan 20, 2020
  • LIC Life Insurance
    "Best service"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in LIC on 10 years back. The tenure period of policy is 19 years. I am paying premium on monthly basis and getting deduction on my salary 2480 rupees. While getting a policy my agent has given an information about the policy details. The agent has suggested this policy. So far I have not faced any issues, this covers only myself.
    Was this review helpful? 0
    , alleppey
    Reviewed on Jan 20, 2020
  • LIC Life Insurance
    "Good insurer"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in LIC on 4 years back. The tenure period of policy is 30 years. I am paying premium on quarterly package of 1832 rupees. While getting a policy my agent has given an information about the policy details. The agent has suggested this policy. So far I had not faced any additional charges. It covers only my daughter.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 18, 2020
  • LIC Life Insurance
    "Good policy"
    0.5 4.0/5 "Great!"
    Purchased the LIC policy in the year of 2003. I have been paying the premium amount of Rs. 735 onces in 3 months. They are giving the sum assured amount of Rs. 50k approximately. I make the payment directly as cash . Next year it is going to complete and the total term period of this policy is 18 years.
    Was this review helpful? 0
    , coimbatore
    Reviewed on Jan 18, 2020
  • LIC Life Insurance
    "Best policy "
    0.5 4.0/5 "Great!"
    In LIC, they will give good returns and friend recommended hence I have chosen the same company for life insurance policy. I bought the Jeevan bheema in the year of 2017. Total term period of the policy is 15 years and i have completed 3 years.I am paying monthly Rs.1000 i pay the premium through the agent.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 18, 2020
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