Life Insurance for Smokers vs. Non-Smokers

Unity Life of Canada joined the Foresters family in April 2008 and as of Jan 23 2012 changed their name to Foresters Life Insurance Company.

Life insurance companies generally classify an applicant as a smoker if he or she has used and form of tobacco during the last 12 months. The difference in premium can be substantial.

In many instances, a smoker will pay double the cost for equivalent coverage than a non-smoker would.

Below is a look at the top life insurance companies at $250,000 of coverage for a 40-year-old male.

We have broken down five different forms of coverage: Term 10, Term 20, Term 30, Term 100, and 20-Pay life insurance.

You can get additional details by contacting us at 1-866-899-4849 or visiting our Instant Online Life Insurance Quote Calculator.

40  years

old Male



Premium Non-smoker


Premium Smoker

Term 10 $21.15   RBC Ins. $42.48   RBC Ins.
Term 20 $35.73   RBC Ins. $84.60   RBC Ins.
Term 30 $61.20   Unity Life $139.37 La Capitale
Term 100 $117.50 Manulife $192.50 Manulife
20-Pay Life $204.13 Manulife $276.05 Manulife

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  • Carrie D
    April 9, 2014 at 12:09 pm

    Hi i am looking for a good life insurance company for myself. I am 39 and quit smoking 14 months ago. Who would be the best company for me as i would like one with my age up to 75.

    • LSM Insurance
      April 10, 2014 at 5:50 pm

      Thanks for your inquiry. Most insurance applications ask if you are tobacco free in the last 12 months so you should be fine.

      If you are looking for a Term to 75. Industrial Alliance has a pick Term policy where you can select Term lengths from 10 to 40 years. In This instance 36 years.

      You may want to consider a 30 year term as there are more companies to choose from.