Anybody have term life insurance and pay the tobacco rate? I got a quote yesterday (Farmers)- 30 yr $150,000 policy for $107.00 a month. I knew I would pay more for tobacco but dang! Non-tobacco was going to be $50 a month.

The non-tobacco rate still sounded high to me for $150k term.

I'm a Farmers agent. Ask your agent for the 30 year simple term rate. It has a cheaper tobacco rate than the traditional product

What is the difference? We are switching everything we have to Farmers and I was hoping to get life policies. Good agent in Guntersville if anyone needs a quote.

the simple term is a new product that is instant issue. There is no medical involved. The rate for non tobacco vs the medically underwritten is higher. But, for whatever reason, the tobacco rate is lower.

I just spoke with him about the simple term, I think that is the way I will go.

You must be older or in a higher risk category. Those are outrageous rates.

just quit for 30 days, I did it. Im paying 44 per month for $500,000 30 year term.

Go to zanderins.com and you can get free quotes from tons ocompanies in just a few minutes.....got my wife and my own policy through zander. My policy is with american general and my wires policy is with a company called Banner. But we went through Zander's website. They make it VERY easy for you.

Hope they're there when someone needs them. Banner? That's a first.

STICK WITH LARGE COMPANY LIKE FARMERS~!

I'm 36. I have a non tobacco whole policy now. I just think it's time to cash out and get term.

I think trying to sneak around (quit for 30 days) or whatever could come back to bite ya.

"wellcovered" sounds like your agent must be checking in!

If you already have a tobacco rated policy, there's really no way to cheat the system. The medical information bureau has records of your tobacco use and underwriting will check with the MIB. If you did happen to cheat the system and you died within the first 2 years of the policy, they would payout what your premiums would have purchased for a tobacco rated policy. After the 2 year anniversary, you could write the company and tell them you cheated and there's nothing they could do.

If you quit the tobacco use for a year and get a doctor's statement that you quit, they can remove the tobacco rating.

Those rates are very high. I carry almost a million in coverage on me and around $250,000 on my wife and we pay less that $200 a month with Northwestern Mutual.

Before anyone goes with some internet life insurance you might want to check out there rating and how long it takes on average for them to pay. Some of them can take a year of more to pay a claim.