Why premiums are higher
Legal & General explains that life insurers base premiums on health risks; smokers are more likely to suffer illnesses and claim on their policy, so insurers charge more. The Post Office notes that smoking increases the likelihood of illnesses and that this risk, along with factors like age and medical history, leads to higher premiums. Even occasional smoking or vaping counts as smoking because you are still consuming nicotine.
What counts as a smoker?
- Use of tobacco or nicotine in the last 12 months. Most insurers classify you as a smoker if you have smoked cigarettes, cigars or used nicotine products (including vaping) within the past year.
- Occasional smoking or vaping counts. Smoking occasionally at social events still classifies you as a smoker. Vaping is treated like smoking because nicotine is still consumed.
Honesty is essential. If you lie about your smoking status, your policy may be invalidated and claims refused.
Can you lower premiums by quitting?
Yes. If you stop smoking and remain smoke‑free (including vaping) for at least 12 months, many insurers will consider you a non‑smoker when you apply for a new policy. Your age and medical history will still affect premiums, but quitting smoking is one of the few factors you can control to reduce costs. Some insurers may allow you to switch to non‑smoker rates on your existing policy after a smoke‑free period, but you may need to take out a new policy.
Other factors affecting premiums
Alongside smoking status, insurers consider:
- Age – premiums increase as you get older.
- Medical history and family history. Pre‑existing conditions can raise premiums.
- Lifestyle and occupation. High‑risk jobs or hobbies may cost more.
- Cover amount and term. Higher sums assured and longer terms cost more.
If you’re a smoker looking for life insurance, expect higher premiums but remember that quitting for at least a year can significantly reduce costs. Always disclose your smoking habits honestly to avoid future claim problems.
Example premium differences
Reassured’s analysis of premiums highlights just how costly smoking can be. In its example of a 20‑year level term policy for £150,000 of cover, a 35‑year‑old smoker pays around £14.24 per month, while a 35‑year‑old non‑smoker pays about £7.19 per month – nearly half the cost. At age 50, the difference widens: a 50‑year‑old smoker pays £66.24 per month, whereas a non‑smoker of the same age pays £26.80 per month. These figures illustrate how quitting smoking can dramatically reduce your premiums over time.
