Monumental News for Cigarette Smokers who need or already have Life Insurance…
You can now be a cigarette smoker and get life insurance at NON TOBACCO prices. Yes, you can be a smoker today and pay as little as a third as what other smokers pay for life insurance.
What’s the catch? Here’s the deal. You pay non smoker premiums for three years. If you can quit smoking during that period, you keep your non tobacco rates forever! If you can’t quit, your premium adjusts to smoker ratings after the third year. It’s called the Quit Smoking Incentive offered only by John Hancock. And what smoker doesn’t want to quit?
Example: If a male, age 55 cigarette smoker in standard health had no intention of quiting cigarettes, he could purchase a $1,000,000 guaranteed universal life policy at a standard tobacco rating for $29,515 per year. If he used the Quit Smoking Incentive policy, however, he would pay only $16,162 annually. If he quits smoking, he will get to pay that premium for the rest of his life.
For quotes, use the form on the right and run yourself as a regular non smoker. Run the “To Age 100 Level Guaranteed” quote and look for John Hancock’s premium. Note: to get this price, you will have to qualify for standard ratings with regards to your health, weight, etc. Or call (619)564-4873 for smoker versus non smoker life insurance rates.
**Please note that as of 6/14/2011, John Hancock has discontinued its permanent line of life insurance that would allow you to used the quit smoking incentive plan. For current quotes if you are a smoker, call us at 877-443-9467 or use the form on the right.
