Critical Illness Insurance for Cigar and Pipe Smokers

Canada Life has a unique approach to underwriting critical illness insurance for cigar and pipe smokers.

Unlike most companies, Canada Life classifies cigar smokers and pipe smokers as non-smokers on its critical illness and disability insurance policies, which can have a large impact on the overall pricing.

Canada Life’s critical illness policies are available in Term 10, Term 100, and Term to 75 coverage.

In terms of pricing, a 40-year-old, male non-smoker looking for $100,000 of Term to 75 critical illness coverage or $100,000 of Term 10 critical illness coverage can expect to pay $527 a year.

$100,000 of Term to 75 critical illness coverage, paid-up at age 65, would cost $1,314 a year.

$100,000 of Term to 100 critical illness coverage, paid-up in 15 years, would cost $2,316 a year.

For more details on critical illness insurance in Canada, please visit our Critical Illness Quotes Page or contact us at 1-866-899-4849.

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LSM Insurance
LSM Insurance

Sally – Thanks for sharing your insights.

Sally
Sally

Usually when it comes time for a smoker to find affordable term life insurance it will require the person to take a medical exam to verify any of the information that’s provided by the applicant. In order to make sure that tobacco consumption is prevalent in the subject the medical examination may include a test that measures urine or saliva to check for a by-product of nicotine. This will verify the amount of smoking that you do and help you to apply to life insurance policy truthfully.