Why vaping increases the cost of your life insurance.
When your insurer calculates your life insurance premiums, they will take various health factors and habits into account. One of the things that they will look at is whether or not you smoke. Typically, smokers pay far more for life insurance than non-smokers. But what if you only smoke e-cigarettes? Here’s how vaping affects the cost of your life insurance coverage.
- What are e-cigarettes?
E-cigarettes, or electronic cigarettes, are battery-operated devices that people use to inhale aerosol. Typically, the aerosol contains nicotine, flavorings, and other chemicals. Many people rely on e-cigarettes to wean themselves off of traditional cigarettes and other tobacco products.
- How do e-cigarettes affect your body?
Vaping (the more colloquial term for smoking e-cigarettes) is generally considered less harmful than smoking traditional cigarettes. However, this does not mean that e-cigarettes are safe. Any time you inhale chemicals into your lungs, you are putting your health at risk. For instance, vaping can have a negative effect on your cardiovascular and respiratory systems. To make matters worse, e-cigarettes still contain nicotine, which means that they have an addictive quality that makes it difficult to stop using them. While there is a current lack of scientific evidence regarding the long-term effects of vaping on your health, medical professionals and insurance providers alike consider e-cigarette usage a health hazard.
- How does e-cigarette use affect your life insurance cost?
Individuals who smoke traditional cigarettes typically have life insurance rates that are 2 to 5 times higher than non-smokers. Because there is a lack of research regarding the impact of vaping on your health, most insurance companies lump e-cigarette users in the same risk classification as traditional smokers. While many users argue that this classification is unfair and that they are using e-cigarettes to curb their use of regular cigarettes, it is important to remember that any type of smoke inhalation is damaging to the body. While e-cigarettes may be a safer alternative to regular cigarettes, they still can still contain over 6,000 potentially hazardous chemicals. Naturally, life insurance providers are aware of the dangers associated with vaping, and they factor in this risk when calculating your coverage costs.
These are just a few of the facts you need to know about e-cigarette usage and your life insurance rates. Do you have additional questions regarding your life insurance coverage or costs? If so, then contact the experts at Randy Jones Insurance Services in Pleasanton, California. We are ready to assist you with all your insurance needs today.