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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

Page 1 of 50 1 2 3 4 5
  • LIC Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have taken one life insurance policy with ICICI . I am using this service from long time, i did not face any complication while applying this insurance,the premium amount i use to pay on quarterly basis and it use to get auto debit from my account and there customer support team was good they explain me all the policy clearly.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 20, 2019
  • Tata AIA
    Tata AIA Life Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in TATA AIA LIFE INSURANCE. The policy is for 20 years. I am paying premium in the yearly package. While getting a policy my agent has given an information about the policy details. I use to payments through an online.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 20, 2019
  • LIC Life Insurance
    "Good insurer"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in LIC 7 years before. The policy is for 20 years. Now I am paying premium in the quarterly package. While getting a policy my agent has given an information about the policy details and documents as well. Through an online I do the payments.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jun 20, 2019
  • LIC Life Insurance
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    I have been using life insurance with Life insurance corporation of India ,their service is good, there agent had explained me clearly about the policy and coverage ,and there premium amount they have charged me was nominal, and i pay on yearly basis, and it use to pay through on line.
    Was this review helpful? 0
    , secunderabad
    Reviewed on Jun 20, 2019
  • LIC Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have taken one life insurance policy with LIC. I am using this service from long time, i didnâ??t face any complication while applying this insurance,the premium amount i use to pay on half yearly basis and i use to pay through off line mode and their customer support team was good they explain me all the policy clearly.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 19, 2019
  • SBI Life Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have applied for SBI life from long time, the agent had explain me about the plan benefits and policy coverage, they have given me good service, the premium amount i use to pay on yearly basis, it use to get auto debited from my account, So far i did not face any issue.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 19, 2019
  • LIC Life Insurance
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    I have taken Life Insurance policy through Lic agent .This is a Maturity benefit policy and the tenure is for 15 years ,I am paying the premium on yearly basis .The premium is nominal ,I am paying the premium through Cash and it is paid through branch .I have got all the relevant details about the policy through the agent.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jun 19, 2019
  • LIC Life Insurance
    "LIC is a part of Indian Government"
    0.5 4.0/5 "Great!"
    My LIC policy is running from last 20 years. I have chosen the money back policy. For that policy, the amount will be auto deducted from my account. I got the money back in after mentioned intervals and I'm satisfied with the growth as well. My parents has suggested me about the LIC policy. Till date lots of paper works are there and they can be convert into electronic like others.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jun 19, 2019
  • LIC Life Insurance
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    I have taken Life Insurance policy through LIC agent directly .Theagent gave a clear picture about the policy details .The name of the policy was Jeevan Ananad and this is a Maturity policy and for the tenure of 15years.I am paying the premium through half yearly bais and rthe premium amount of Rs.9000.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Jun 19, 2019
  • LIC Life Insurance
    "Famiy policy"
    0.5 5.0/5 "Blown Away!"
    Since its a trusted and Government undertaken company, i have chosen my life insurance policy from LIC. I have a agent for LIC policy and the premium amount will be automatically deducted from my salary. This policy has a tenure period 10 years.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 19, 2019
  • Bajaj Allianz Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I am using the ACCIDENTAL PLAN since from last 5-6 years with BAJAJ ALLIANZ LIFE INSURANCE, the premium paying was 1600-2000 rupees for yearly once, it is a corporate insurance policy. The claim amount is 10L for accident but i had no claim experience.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Jun 18, 2019
  • LIC Life Insurance
    "Good insurer"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in LIC before 2 years ago. The policy is for 21 years. Now I am paying premium in the half yearly package. While getting a policy my agent has given an information about the policy details and provided documents as well.I use to do payments through an online. Charges are applicable and is high in LIC This policy covers for my whole family members.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 18, 2019
  • LIC Life Insurance
    "GOOD POLICY"
    0.5 5.0/5 "Blown Away!"
    I have purchased the JEEVAN LAKSHYA policy and using from last few years the policy maturity period is for 20 years and the premium paying for 3 months once. The sum assured amount was 7L with this policy ans gives the coverage for family added on that i got hard copy.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jun 18, 2019
  • LIC Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I am having the JEEVAN SARAL policy with the LIFE INSURANCE CORPORATION OF INDIA where the policy has the maturity period of 20 years also the premium paying for 3 months once, the sum assured amount was 7L with this policy. It gives the coverage for self.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jun 18, 2019
  • LIC Life Insurance
    "Its Good"
    0.5 5.0/5 "Blown Away!"
    I have two policy with LIC, they sanction the loan on time based on the plan. The support is also great and their agents are helpful, the premium amount is around Rs. 1000 per month it has the long tenure. Then I get sum assured with other features.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 18, 2019
  • LIC Life Insurance
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    I have taken Life Insurance policy through LIC agent.This is an Endowment policy and the tenure is for more than 15 years and then got all the details about the policy was got through the agent .I have paid the premium through Quarterly basis .I have closed the policy .I have got the policy amount as well.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jun 18, 2019
  • HDFC Life Life Insurance
    "Customer friendly"
    0.5 5.0/5 "Blown Away!"
    I took a policy called Super Income policy from HDFC Life before 3years, they have informed me many benefits but I don't recollect now. If I pay 30K for 8yearrs then I will be getting the premium and plus return on 16 years. Its a worthable policy, Am paying the premium through online. The payment mode is convenient. I got the insurance paper.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 18, 2019
  • LIC Life Insurance
    "Customer friendly"
    0.5 5.0/5 "Blown Away!"
    LIC is good and the premium is very much lesser when compared to private insurer even the return is good. I am doing quarterly premium through online which is around 5K per quarter. I took 4poilicies and all are long term of tenure more than 20 years.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 18, 2019
  • ICICI Prudential Life Insurance
    "Its Good"
    0.5 4.0/5 "Great!"
    Its a term plan which I taken for my family, I make around Rs. 9000 per annum it has the tenure period around 30 years. I have selected coverage of Rs.75 lakhs, its gives lump sum benefits to my family, the insurance company claim settlement ratio and grievance resolved is great but there is no critical illness benefits.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jun 18, 2019
  • LIC Life Insurance
    "Good service"
    0.5 4.5/5 "Excellent!"
    I have taken one life insurance policy with LIC. I am using this service for long time. My relative is agent of lic so he explain me all procedure and i have applied for life insurance from him only and i use to give premium in monthly and yearly basis , i use to pay through on line.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 18, 2019
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