The UK’s annual no smoking event gives smokers the perfect chance to save cash on insurance, says LifeSearch.
No Smoking Day on 11 March will give smokers a great opportunity to kick the habit and save themselves thousands of pounds on their insurance in the process.
Insurance companies consider ex-smokers to be ‘non-smokers' a year after they have given up. Being classed as a non-smoker means that, for many types of policy such as Life and Critical Illness Cover premiums can become around 50% less expensive.
To be classified as a non-smoker by an insurance company you must have quit smoking for at least 12 months.
Life insurance: News update: 06/03/2009