Relief for Clients Who Use Tobacco Products
Non-Tobacco Rates for Tobacco Users!
Daily cigar smokers, dippers, chewers – even some vapers and occasional cigarette smokers – can now qualify for non-tobacco pricing at highly rated brand name insurers. For the most popular life insurance products, that cuts premiums in HALF!
Take good care of your former smokers too! Preferred non-tobacco rates become available 1 year after they quit smoking.
Consider the huge premium savings from recent offers:
Qualify your tobacco users for non-tobacco rates!
Meet Kayla
Kayla, Female, 26, attorney
Vapes daily
Needs $3M 20-year level term for income replacement purposes
Tobacco premiums = $3,024.70
Non-tobacco premiums = $1,535.01
Annual savings for non-tobacco premium: $1,489.69 = 49% Discount
Total Savings over 20 years: $29,798.80
Meet Hunter
Hunter, Male, 37, Recreational baseball player
Chews tobacco daily
Needs $5M 30-year level term to cover a new mortgage
Tobacco premiums = $18,682
Non-tobacco premiums = $8,169.70
Annual savings for non-tobacco premium: $10,512.30 = 56% Discount
Total Savings over 30 years: $315,369
Meet Kaitlyn
Kaitlyn, Female, 56, actress
Occasionally smokes cigarettes while attending social events
Needs $2M of guaranteed level premium permanent insurance to leave a $1M legacy for each of her two adult children
Tobacco premiums = $46,910
Non-tobacco premiums = $24,263
Annual savings for non-tobacco premium: $22,647 = 48% Discount
Total Savings to approximate life expectancy (30 years): $679,410
Meet Robert and Jackie
Robert, Male, 61, business owner
Enjoys cigars on the golf course several times per week
Jackie, Female, 55, homemaker
She does not use any form of tobacco and is in great health
They need $10M survivorship life coverage for their ILIT to fund death taxes
Premiums with Robert with tobacco rates = $160,236
Premiums with Robert with non-tobacco rates = $102,822
Non-tobacco premiums for Robert: $57,414 = 36% Discount
Total savings to approximate life expectancy (35 years): $2,009,490
Qualify Your Clients for Non-Tobacco Pricing!
Many of your tobacco using clients – other than daily cigarette smokers – are likely to qualify for non-tobacco rates at one of our industry’s top-rated insurers. Cut their premium in half – and beat your competition.
When you are working with clients who use tobacco products, let survey the market, identify our industry’s top options, and see if they can qualify for non-tobacco pricing at another highly rated brand name insurer.
Once you and your client agree on a solution, we’ll make it super easy for you to place coverage with minimal effort on your part. Begin to experience The CPS Advantage today!
