Last Updated: April 2021
At Rootfin, we’ve helped hundreds of marijuana 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.
We also understand high risk life insurance and know what companies tend to favor or frown upon.
The key as the consumer searching for affordable life insurance with marijuana use is to work with the right agency that is willing to do the legwork and has the options of dozens of life insurance companies.
Below, we will cover how to find the best life insurance company and overall rates as a marijuana user or pot smoker, and how to apply:
- Can You Get Life Insurance as a Marijuana User?
- The Best Life Insurance Companies for People Using Marijuana
- How to Apply for Life Insurance While Using Marijuana
Life Insurance is Boring. Let’s Get To The Root Of It! Here are the key takeaways…
To be approved and obtain life insurance as a marijuana user, you need to work with life insurance companies that view marijuana use favorably. The life insurance company will also want to know the frequency of use, if it is medical or recreational use, and if you have any other high-risk factors on your background.
Can You Get Life Insurance as a Marijuana User?
I think you’ll agree with me when I say it’s hard to find life insurance when you smoke marijuana. Some companies flat out decline, some companies charge you a lot, and others seem too good to be true.
It turns out it’s actually really easy to find the best life insurance company if you’re a marijuana user. This article will cover how some of the top life insurance companies view marijuana smokers.
Life insurance for marijuana smokers comes down to your specific use and fitting that into a life insurance company’s underwriting.
There are a few misconceptions about how marijuana users view life insurance. Just know that marijuana use does not disqualify you from purchasing life insurance. In fact, most life insurance companies will insure you.
With that knowledge, all we need to do is ask questions regarding your use of marijuana combined with any other health issues, then we will find a carrier that could possibly be a company that offers no medical exam life insurance.
The key to finding the most affordable rates (whether you smoke marijuana frequently or occasionally) is getting you non-smoker rates. Life insurance rates for smokers are usually more than double the cost.
The Best Life Insurance Companies for People Using Marijuana
Here are some of our findings (pay special attention to the italicized “Non-Smoker“):
AIG Direct Life Insurance
- If you smoke 2 times a year or less, you can get Preferred Best Non-Smoker rates.
- If you smoke 2 times per month or less, 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.
- You cannot show THC on your labs.
Read our AIG life insurance review (formerly American General).
Legal and General Life Insurance
- Occasional use will be Standard Smoker.
- Daily use will start at a substandard Table B Smoker rate.
Legal and General was formerly Banner Life. Read our Banner life insurance review for more info.
Fidelity Life Insurance
- Standard Smoker rates if there is any use in the past 12 months.
Read our Fidelity life insurance review.
Voya Life Insurance
- If you are over the age of 26 and smoke 2 times or less per month, you can get Standard Non-Smoker rates.
- If you smoke 2-4 times per month and over age 26, you’re at Standard Non-Smoker Table 8 rates.
- If you smoke 1-4 times per week, you’re at Table 8 Smoker.
- If you are under the age of 26 and if you smoke more than 4x per week, you’ll be declined.
Voya was formally ING Reliastar. Read our Voya life insurance review for more info.
Lincoln Financial Group
- 1 time per month and you can get Preferred Plus Non-Smoker rates.
- 1-2 times per week is Preferred non-tobacco.
- 3-4 times per week is Standard to Table 2 non-tobacco.
- 4-6 times per week is Table 2 to Table 4 non-tobacco.
- If you smoke daily, it’s a decline.
- You cannot show THC on your labs.
Read our Lincoln Financial Group review.
MetLife Life Insurance
- 1-4 times per week is Preferred non-tobacco.
- If you smoke daily, it’s Table 4-Table 8 non-tobacco rates.
- You cannot show THC on your labs.
Read our MetLife life insurance review.
Mutual of Omaha Life Insurance
- 3 times per month or less per month is Standard non-tobacco.
- 4-8 times per month will be rated and a case by case basis.
- More than 8 times per month is individual consideration to decline.
- THC on labs must match admitted usage.
Read our Mutual of Omaha life insurance review.
Minnesota Life Insurance
- Occasional and recreational use of at Preferred Non-Smoker, but you have to test negative on your labs.
- If they find THC in your system, it’s a Smoker Table 3 rating.
Read our Minnesota life insurance review.
Protective Life Insurance
- Standard Smoker at best for any amount.
- Could be substandard or decline depending on usage and if recreational or medical.
Read our Protective life insurance review.
Prudential Life Insurance
- 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, it will be a Substandard Table B Non Smoker (can be positive on labs).
- Over 4 times per week is a decline.
Read our Prudential life insurance review.
Transamerica Life Insurance
- Standard Non-Smoker rates if you smoke less than 12 times per year.
- 13 or more times per year and you will have Standard smoker rates.
Read our Transamerica life insurance review.
For a more updated list of life insurance companies and how they view marijuana smokers, go here.
How to Apply for Life Insurance While Using Marijuana
These are just some of the carriers 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 out if any life insurance company will give you “non-smoker” rates, and then you want to compare those rates from each company.
This is why we help marijuana users avoid companies like Prime America, who only works with term life insurance for people who have good health and no potential adverse habits.
Contact us, especially if you’re looking to get a larger policy such as a million-dollar insurance policy. We can help you look into all of your options!
If you are a marijuana user and your life insurance agent hasn’t done the research we have, call one of our agents or fill out the form. We’ll find the best rate you can qualify for.
Also, be sure to check out our other guides below to learn more about how different types of tobacco use can affect life insurance approval and rates:
This article has been tremendously helpful, if you can further help me with my research I will be forever grateful. I am opening a policy at Penn Mutual Insurance, and was told they only check for nicotine and cocaine during the underwriting process when testing. Is this possible or have I received wrong information?
I am also applying for Penn Mutual (like Steve above.) I am wondering if maybe I need to wait a little bit until I do more research on the subject. Any information is extremely helpful!!
Good stuff, Jeff! I have a client in Maui who is a card carrying biz owner. Challenging in the he smokes cigs as well. Will place it with Mutual of Omaha. Aloha…