There are a few misconceptions about how marijuana users view life insurance (we covered theem in a "Marijuana Life Insurance" article).  Just know that marijuana use DOES NOT disqualify you from purchasing life insurance.  In fact, most life insurance companies will insure you.

We've helped dozens of pot smokers secure life insurance at affordable rates.  How are we able to do this?  Easy...we simply did our homework.  We know how every carrier looks at marijuana smoking.

With that knowledge, all we need to do is ask questions regarding your use of marijuana combined with any other health issues and find the company that will look most favorably at you. 

The key in finding the most affordable rates (whether you smoke marijuana frequently or occasionally) is getting you NON-SMOKER rates.  Smoker rates will more than double your premium. 

Here are some of our findings (pay special attention to the italicized "Non Smoker":

American General: If you smoke 2 times a year or less, you can get Preferred Best Non Smoker rates.  If you smoke 2 times per month, you're at Standard Non Smoker.  If you smoke more than 2 times per month, you're considered a smoker with a possibility of a table rating.

Banner Life:  Occasional use will be Standard Smoker.  Daily use will start at a substandard Table B Smoker rate.

Fidelity:  Standard Smoker if there is any use in the past 12 months.  If it's prescribed, it will be substandard smoker.

Genworth: Standard Smoker rates for use 8 times per month or less.  More than that would be substandard smoker.  Prescription use isn't recognized, it's rated the same an non-prescription use.

ING Reliastar: Preferred smoker with daily use.  Table 4 Smoker is it's prescribed.

Lincoln Benefit:  Standard Smoker for occasional use.  However, if the marijuana is prescribed for medicinal uses, it's rated as Non Smoker.  Must be admitted on the application and prescription shown in medical records.

Lincoln National : Standard Non Smoker up to 2 times per week.  Substandard table B Non Smoker for 3-4 times/week.  Decline for 4+ times per week.

Mutual of Omaha: Standard Non Smoker up to weekly use.  If lab results indicate more frequent, then Smoker rates will apply.

Minnesota Life: Occasional and recreational use of at Preferred Non Smoker, but you have to test negative on your labs.  If they find THC is your system, it's a Smoker Table 3 rating.

Protective : Standard Smoker.

Prudential - For marijuana use up to 2 times per month and a negative lab result, you can qualify for Standard Plus Non Smoker.  For use up to 4 times per week, in will be a Substandard Table B Non Smoker (can be positive on labs).  Over 4 times per week is a decline.

Transamerica - Standard Smoker rates.

These are just a dozen of the 60 life insurance companies we represent.  As you can see, it's about fitting your marijuana use into the life insurance company's underwriting guidelines. First you want to find all the companies that will give you non-smoker rates.  Then you want to compare those rates from each company.

If you're a marijuana user and your life insurance agent hasn't done the research we have, give us a call or fill out the form on the right.  We'll find the best rate you can qualify for.