Life Insurance for smokers in New Zealand

Some facts about life insurance for smokers.

According to the Ministry of Health, in 2016, an estimated 13 per cent – that’s 610.000 – NZ men and women smoked at least once a month.

Of these, 87 per cent smoked every day, or 532.000 NZ men and women. That’s a lot of smokers.

Tobacco users in New Zealand, generally pay higher premiums for their life insurance than people who don’t use tobacco.

Reason being, people who smoke and use tobacco products are more likely to die—and at an earlier age—than people who don’t.