Does Smoking Void A Life Insurance Policy?

Depending on the state in which your life insurance policy is issued, yes not being truthful about smoking on the application for life insurance coverage can and does "void" the life insurance policy, even past the two year contestability window. 

In some states, lying on the application voids the contract, so life insurance companies who in the past just paid out what the premium would be at the smoker's rate were told to just refund insurance premiums paid. No death benefit was allowed to be paid out on the life insurance policy.

If you fill out a life insurance application, make sure that you read any special considerations attached to the application for coverage for your state of residence.

But, in some cases, if you buy life insurance as a non-smoker, and the insurer finds out you smoked at the time you took out the life insurance policy, it will just cost you more premium. It's generally around 25% higher for cigarette smokers compared to non-smokers.

However, it does depend on the situation. If you buy a life insurance policy and did not smoke and started to smoke after you purchased the life insurance policy, you will be insured, and there will be no increase in your premiums for your life insurance policy.

If you put on your application that you do not use tobacco, but then evidence of smoking is found in your medical exam, lab tests or medical records, the application will usually not be voided. The insurance company will charge smoker rates (which are higher), and if you have a health condition that is harmed by smoking, the application could be declined.

Here's how you can compare smoker life insurance quotes online today.