The tobacco epidemic is one of the biggest public health threats the world has ever faced. According to the World Health Organization (WHO), India is home to 12% of the world’s smokers, killing nearly 10 million people annually.
While the long-term effects that smoking causes are known to many of us, however, there are other downsides to being a smoker as well. One of them is that life insurance will certainly cost you more if you’re a smoker. Since the odds of dying from smoking-related grounds are so much more and have been well documented, life insurance companies protect themselves from the higher risk by increasing rates for tobacco users. It likely won’t prevent you from getting a policy, but you’ll feel it in your wallet. It adds to your life in other forms, i.e. by way of medical expenses and even your insurance premiums!
