Jump to main content of pageaccessibility informationSitemap
24 Nov 2024
White Banner - Go Direct as recommeded by Which? Get Instant Critical Illness Insurance QuoteS With Go Direct Cheapest Price is Guaranteed
LV
Aviva
Vitaility Life
Royal London
Legal & General
AIG

Critical Illness News

Life Companies Critical Illness Quote Speak to an Advisor

Non-smokers have better critical illness insurance premiums

Cash savings can be made on life insurance premiums as well as critical illness cover by simply resisting the urge to light up that cigarette, according to a personal finance website.

It is now more than a year since the smoking ban was introduced and those that said goodbye to their habits at the time could have saved £8,500 by now, research from moneysupermarket.com has shown.

The website has revealed that apart from the possibility of having saved £2,740 from not buying cigarettes, there are savings that could have been made on critical illness insurance premiums too.

A 30-year-old male smoker with a critical illness cover of £100,000 would be set back £44.60 a month compared to just £25.70 for a non-smoker with insurer Legal and General over the next 25 years, which is a saving of £18.90 or £5,670 over the full term.

Concurrently, a non-smoking female with LV= would part with £5,346 less than her smoking counterpart, the research showed.

"The potential difference in the cost of protection premiums is vast," said head of protection Emma Walker, who added that people will, however, need to be a non smoker for a year before they can qualify.

The ban was introduced in July 2007.

Do you want advice on Critical Illness insurance?

After looking through the critical illness insurance information if you would like Critical Illness Advice, complete our critical illness cover and life insurance enquiry form and we will contact you to discuses your protection needs.

You may also be interested in:

Go Direct.co.uk is a trading style for website purposes of Go Direct UK Ltd.

Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales Company 5703224. FCA Number 456600

UK Life Insurance | Mortgage Life Insurance | Critical Illness Quotes | Income Protection Insurance Quote | Life Insurance Advice | Term Life Insurance | Decreasing Life Assurance | Critical Illness | Income Protection Insurance | Accident Sickness Unemployment | Whole Life Insurance | Remortgage | Accident Sickness Unemployment Cover | Pension Term Insurance | Site Map

Non-smokers have better critical illness insurance premiums