Left smoking more than 5 years back. Do I still need to mentuion it while applying for term insurance

POSTED BY Nikhil Verma ON July 6, 2013 12:49 pm COMMENTS (2)

Hi,

I was smoking till 2007 so when I applied for term insurance for 50 lakhs in 2010 I had mentioned as smoking even though I had stopped smoking.

Now I want to increase the SI to 1.5 crore and I am thinking of mentioning as non-smoker in application. Is it alright. I am sure that I am not going to smoke in future.

Also I need to mention my previous policy while applying for new policy. Will it create any problem as it was smoking in previous policy.

Regards,

Nikhil

2 replies on this article “Left smoking more than 5 years back. Do I still need to mentuion it while applying for term insurance”

  1. Also if you smoked every , you have higher chances of getting back to habit , compared to someone who has never done that .

    If you put NO , its as good as before marrying someone , you tell – “I had sex long ago, but Now I dont have it, so I am faithful ” .

    Manish

  2. Ramesh says:

    Once a smoker, always a smoker. Medically, your body has undergone primary exposure to smoking and that cannot be reversed. There is no point in denying this fact to your new policies. So mention it.
    “i am sure I won’t smoke in future” is your personal call, but that is not a dependable call in terms of statistics for an insurance co.
    If a company asks ” have you smoked in last 5 years ?” You can say, no. But if the question is “have you ever smoked?” Yes should be the answer.

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