How Do Term Insurance Plans Differ For Smokers

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

Protect Your family’s financial future with Kotak e-Term Plan. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more

Kotak Health Shield

Insurance against medical expenses related to heart, brain, liver and Cancer. Know more

How Do Term Insurance Plans Differ for Smokers?

How Do Term Insurance Plans Differ for Smokers?
  • 3rd May 2019 |
  • 3,099

If you are a smoker then you are not only digging a hole in your pocket by spending on cigarettes, but you are also increasing the chance of an early demise. This is why it is even more important for you to get a life insurance plan because you surely do not want your smoking habits to affect your family. Insurance for smokers works a little differently as compared to the term insurance for non-smokers. When you are buying term insurance, it is important that you declare your smoking habits beforehand or it might result in a rejection of an insurance claim later. Moreover, the mandatory medical test before you can buy the term plan will reveal that you are a smoker.

One thing that insurance providers know is that smoking habits can have different effects on different people. Moreover, not all smokers have the same habit regarding how many cigarettes they smoke. This is why; the term insurance for smokers comes in three different categories as listed below.

1. Table Rated Smoker

This category is for the people who have serious pre-existing health condition as a direct result from smoking. They have to pay the highest amount of premium because the risk of death is higher for people under this category.

2. Typical Smoker

This category is for smokers who have minor persisting health conditions. The premium amount to be paid by smokers under this category is slightly lower than the Table Rated Smoker category.

3. Preferred Smoker

This category is for the smokers who are otherwise fit and they have to pay the least amount of premium compared to the other two categories.

How the term policy works for the smokers

To buy term insurance for smokers, you need to inform the policy providers about your smoking habits. They will ask you about how much you have smoked in the past one year. This also includes chewing tobacco or smoking it in any form. This information, along with the medical test results help them determine which category of smokers you fall in to. The kind of term plan you get and the value of premium will depend on that. You might be tempted to misinform about your smoking habits, but that really does not work the way you hope it to be. The medical test always reveals the truth. So, be honest about your answers and hope for the best deal.

Important information regarding the insurance for smokers

There are a few things about a term plan for smokers that you need to keep in mind while applying for the policy.

  • The minimum age for buying a term policy for a smoker is 18 years. The maximum age is 75-years
  • You will have to get a term plan for a minimum period of five-ten years
  • The maximum available term is 30-40 years
  • The minimum sum assured you can get is INR 3 lakh. The maximum amount depends on your needs
  • If you survive the maturity date of the policy then you will not receive any benefits

Finding an affordable life insurance for smokers is not as easy as it is for the non-smokers. Hence, if you are a smoker, it is advisable to quit this unhealthy habit and work towards a healthy lifestyle.

Kotak e-Term Plan

Download Brochure


  • Nominal Cost
  • Multiple Plan Options
  • Flexible Payout Options
  • Critical Illness Rider
  • Tax Savings
  • Long term Coverage

Ref. No. KLI/22-23/E-BB/492


Browse our library of resources

- A Consumer Education Initiative series by Kotak Life

Similar Articles

Can You Transfer Life Insurance Policies to Another Company in India?

How to Calculate Human Life Value(HLV)?

How to Select a Perfect Life Insurance Policy in India to Protect Your Future?

Details Required To Be Filled In A Life Insurance Form

What Should One Consider Buying: Term Insurance or Traditional Life Insurance

Important Life Insurance Terms You Must Know

What are robo-advisors in insurance?

First Job? Here’s Some Tips on How to Manage Finances

Important Features of a Term Insurance Plan

What Is Insurance Rider and It’s Benefits?

Key Things to Review in Your Life Insurance Policy Document

What is a Single Premium Term Plan and its Tax Benefit?

Why You Should Never Cancel Life Insurance Policy

Reasons Why Term Insurance Claims Get Rejected

Different Types of Insurance Policies in India

10 Most Frequently Asked Questions - FAQs on Term Insurance

What is the Difference Between Limited and Regular Pay Insurance Plan?

How Much Life Insurance Costs and How Much Insurance Cover You Need?

Guide for Buying Online Term Insurance Plans for Senior Citizens

1 CR Term Insurance Plan: How to Pick the Best 1 CR Term Plan

What is Sum Assured in Endowment Policy?

Top 5 Common Life Insurance Myths and Facts

Sabse Pehle Life Insurance

5 Common Life Insurance FAQs and Answers

Life Insurance for Overweight Applicants

Life Insurance and Retirement Planning

How to Find the Best Term Insurance Plan in Seven Steps

5 Easy Steps to Buying A Policy

Term Life Insurance vs. Accidental Death Insurance

What is an Endowment Plan?

When Should You Review Term Life Insurance of Yours?

How to Revive the Lapsed Life Insurance Policy?

Choosing Between Short-Term & Long-Term Insurance Plans

Is it Possible to Make Changes in a Term Plan’s Specification Post Purchase?

Why do I Need Life Insurance?

Always keep your Nominee informed

In India, should NRIs purchase life insurance?

How to Buy a Term Life Insurance Online

All about IRDAI

Think About Life Insurance Sooner than Later

4 Benefits of Gifting Life Insurance Cover to Your Spouse

Term Insurance Tips for NRIs in India

Term Insurance Vs Life insurance: Small Details, Big Differences

Choosing the Right Life Insurance

How to Choose a Life Insurance Policy

Beware of Phishing & Fraud Insurance Calls

Life Insurance and Millennials

Difference Between Term Insurance and Endowment Plan

How Much Life Insurance Do You Need?

Savings cum Protection Plans Secures Your Family from Unforeseen Events

Types of Life Insurance Or One Investment, Many Options

Important Factors to Consider While Choosing the Right Term Period for Your Term Insurance Plan

Life Insurance Policy Closure

How Much Life Insurance Cover Do I Need?

Are Deaths Due To Coronavirus Covered by Kotak E-Term Plan?

Role of IRDAI in the Insurance Sector

Choose the Nominee of a Term Life Insurance Plan Wisely

Insurance Changes You Need to Make Post Marriage

A Term Insurance Guide for Disabled People

What Is Investment Insurance?

All About Life Insurance and How It Works?

Insurance Vs Investment - A Guide to Your Financial Goals

भारत में जीवन बीमा पॉलिसियों के प्रकार

Term Insurance for Home Loan: How Term Plan Helps in Paying Off Home Loan?

Why Buying a Term Insurance is Important for all Parents

What is Underinsurance & The Dangers of Being Underinsured

What Is Surrender Value (Cash Surrender Value) in Insurance and how is it calculated?

Terms and Conditions of Term Insurance Plans

9 Most Important Things You Must Learn About Paying Life Insurance Premium

Does Life Insurance Cover Terminal Illness?

Term Life Insurance Vs Money Back Life Insurance

Voluntary Life Insurance Policy Vs Group Life Insurance

What Is the Procedure to choose a nomination in life insurance policy?

Life Insurance for Overweight Applicants

Is Life Insurance an Investment?

Term Insurance Claim Process

Why Life Insurance Is Always a Smart Decision

Process of Filing A Claim For Life Insurance

5 Reasons Why a Women Should Buy a Life Insurance

Why Do Life Insurance Agents Avoid Selling Term Plans?

Difference Between ULIP and Endowment Plan?

What is a savings plan?

Why do most Indians choose the wrong way to buy life insurance?

7 Superficial Reasons People Avoid Buying Insurance Online

Difference Between Insurance and Assurance?

What Is Financial Planning?

5 Ways to ensure faster settlement of claims

Term Insurance Vs Car Insurance: A Budgetary Choice You'll Regret

Staying Insured While Investing

All About Backdating in Life Insurance

NRI Premium Payment Options

Different Types Of Life Insurance In India

Importance of Checking Claim Settlement Ratio before Buying Life Insurance

How Does Life Insurance Work?

Biggest Life Insurance Myths

5 Advantages of Life Insurance Going Digital

FAQs on Life Insurance

Should you buy a Renewable Term Life Policy?

Life Insurance for Millennials

5 Smart Steps to keep in mind while buying term policies

Do Your Financial Planning with Life Insurance!

Adding A Child to Your Life Insurance Policy?

Guidelines for Linking Aadhar and PAN to Insurance Policies

All about Your Rights and Duties While Buying Life Insurance Policy

Benefits of Term Insurance with Critical Illness Rider

What Is Insurance Coverage?

Why Renewal of Term Insurance Plan is Important

How to Buy a Life Insurance Plan?

Loan Against Life Insurance Policy

Various Term Insurance Premium Payment Options Available in India

Important Terminologies of Life Insurance

5 Reasons Why You Need Life Insurance in College

All You Need to Know About Life Insurance - Its Benefits, Features, and Types of Life Insurance

Do Life Insurance Premiums Increase Every Year?

Difference Between Money Back and Endowment Policy

Digital Life Certificate for Pensioners Seeking Pension

Why One Must Buy Term Insurance before 25 Years

What Should One Expect During the Medical Evaluation for Life Insurance?

What is Life Insurance?

Why Online Term Insurance Plans Cheap?

How to Customize Your Life Insurance Policy with Riders

Life Insurance vs Mutual Funds

Why Term Insurance for Women is Important?

Is Voluntary Life Insurance the Same as Basic Life Insurance?

What Is Social Impact Investing and How Does It Benefit Society?

6 Different Types of Insurance Policies

5 Things to Consider Before You Buy Life Insurance

Is Life Insurance For Millennials Really Needed?

What is Group Insurance?

Life Insurance Vs. Mutual Funds Investment

Why is Medical Test Important While Buying a Term Insurance?

How Many Insurances Should I Have?

Is It Time to Review Life Insurance Policy of Yours?

How To Use Different Types Of Life Insurance For Retirement Planning?

Can NRI Buy Life Insurance in India?

6 Things You May Not Know about Life Insurance

Unit-Linked Life Insurance (ULIPs) vs. Term Insurance

Everything You Must Know About ULIP Riders

Is Return-of-Premium (ROP) in Life Insurance Worth It?

What is the Current Trend in Term Insurance?

Types of Life Insurance Policies in India

What is Minimum Life Insurance Policy?

How to Make Death Claims on Life Insurance?

Most Common Life Insurance Riders to Enhance Your Existing Policy

Take 100% Responsibility of Your Family with Term Life Insurance

Different Kind of Deaths that are Not Covered in a Term Insurance Plan

Customer Awareness on Information Security

Can a Term Plan be the Substitute for a Retirement Plan?

What are the Benefits of Endowment Policy?

What Happens If I Stop Paying My Life Insurance Premium?

Does Life Insurance Pay for Suicidal Death?

Types of Insurance You Must Invest in for Secure Future

Does Family History Affects your Term Life Insurance Rates?

What Is The Life Insurance Penetration In India And How Does It Compare Globally?

Who Is A Nominee In A Life Insurance Plan?

Life Insurance Plans for Women

Can You Apply For A Life Insurance After Getting Heart Attack? Here is Everything You Need To Know

“Life” Insurance or “Death” Insurance?

Comparing low premium term insurance Is Not the Only Factor While Buying Life Insurance

Choosing a Life Insurance Beneficiary

5 Things to Keep in Mind While Buying Life Insurance Policy

ULIPs: Suitable for all

Is it Possible to Reduce Life Insurance Premium without Affecting Sum Assured?

Compare Different Life Insurance Products Offered By Kotak Life

What is Human Life value and a Human Life Value Calculator?

Life Insurance vs Health Insurance

How to Choose Life Insurance for All Ages?

Life Insurance with Money Back vs Without Money Back

When are Millennials required to take out a life insurance policy?

Life Insurance Beneficiary

Nominee in insurance - A Complete Guide on nomination in insurance

Best Insurance Plans in India

Does Life Insurance Policy Cover Covid Death?

What Is Staggered Payment Option Under Term Insurance Policy?

All about Life Insurance Calculators

Is It Advisable To Have Multiple Life Insurance Policies?

What Is a Whole Life Insurance Plan?

Kotak Life Claim Settlement Ratio

Why You Should Buy Term Insurance under the MWP Act (Married Women’s Property Act)?

Benefits of Buying Term Insurance Plan for Senior Citizens in India

How Often You Must Review Your Life Insurance Policy?

A Step-by-Step Guide: How To Make An Investment Plan?

Health Insurance VS Life Insurance

How to Choose the Right Life Insurance Policy for Your Age?

Can An Individual Buy Multiple Term Insurance Plans?

Is it Worth Buying Disability Rider on Term Insurance?

Why Your Family Should Know About Your Life Insurance Policy?