Will a life insurance company decline coverage or raise my rates because of the marijuana usage?
Now that Colorado has legalized marijuana use effective January 1 of 2014, I believe many life insurance carriers may accept medical marijuana smokers for insurance.
If you already own life insurance and the insurer was aware of your medical marijuana use when you applied for coverage, the rate may stay the same.
If you are just now looking to buy life insurance you may find that some insurers could decline you for coverage.
However, in the near future more insurers may be willing to insured medical marijuana smokers in the state of Colorado.
Here's how you can learn more about life insurance for marijuana smokers and compare rates online among several of the leading life insurance companies.