Advertisement

No Smoking Day could help lighten insurance premiums

With over 1 million people planning to quit on No Smoking Day this week, Norwich Union advises that people could get dramatically lower life insurance premiums by giving up the ‘evil weed’.

By kicking the habit and applying for life cover as non-smokers, people could see monthly premiums cut by up to almost half. For some this could mean life cover for little more than the cost of a packet of 20 cigarettes.

Although the insurer is keen to warn that this won't happen overnight. Individuals will have to steer clear from tobacco products for a full 12 months before being classed as non-smokers. For those who do manage to quit, however, the savings can be substantial.

Louise Colley at Norwich Union says: "People stand to make a double saving if they give up their smoking habit. As well as not spending more than £5 on every pack of 20 cigarettes people could save by cutting the price of their insurance too. People who smoke have an increased risk of heart disease, breathing disorders and cancer, which is why non-smokers often pay significantly less for life insurance and critical illness policies."

Comment on this page »

Features

Latest news

Nuffield Health opens doors of new Cambridge Hospital

Nuffield Health plans to open state-of-the-art diagnostic suite

£1.2 million refurbishment at Nuffield Health Bournemouth Hospital

No Smoking Day could help lighten insurance premiums
Advertisement
Advertisement
Connect with us on:

This site compiles with the HONcode standard for trustworthy health information