Life Insurance Marijuana Case Studies

If you’re in the market for life insurance and are currently using marijuana, call us today! We have helped many clients get approved for life insurance who use marijuana that have been approved at high smoker rates or even been declined. Check out some of our marijuana case studies below and call us for a free quote! 

Getting affordable life insurance for marijuana use doesn’t have to be impossible with the help of a skilled independent insurance agent. While many people who used marijuana were declined for life insurance in the past, today’s providers have amended their policies to include more individuals who use marijuana for medicinal and recreational purposes.

The laws surrounding marijuana use are changing across the country, and life insurance providers are adapting their policies to reflect the nation’s updated views on marijuana.

Some life insurance providers still decline heavy marijuana users, while others give them a Smoker’s rating. Still others have changed their policies enough that light use could garner a client a Non-Smoker’s rating. Shopping wisely exploring all the options available to you is key to discovering the most affordable life insurance with marijuana policy for you.

Below are several case studies where we were able to locate cost-effective life insurance coverage for individuals who used marijuana.

Life Insurance Marijuana Case Studies

Case Study 1
Gender: Male
Age: 36
Height & Weight: 5′ 9″ and 190 lbs
Smoking Status: The client is a non-smoker, but uses recreational marijuana up to 4 times per year.
Health Status: The client has anxiety, high blood pressure, and high cholesterol, however, these conditions are well controlled with medication. The client has no hospitalizations for anxiety.
Result: We were able to secure Preferred Non-Smoker rates for the client, where other life insurance providers quoted him for Select Non-Smoker rates.

Case Study 2
Gender: Male
Age: 56
Height & Weight: 5′ 7″ and 210 lbs
Smoking Status: The client is a non-smoker, but uses marijuana weekly for anxiety, arthritis, and insomnia.
Health Status: The client has no health conditions.
Result: We were able to secure Standard Plus Non-Smoker rates, where other carriers quoted him Smoker rates. We saved him over $500 annually by replacing his existing policy with better coverage.

Case Study 3
Gender: Female
Age: 45
Height & Weight: 5′ 7″ and 150 lbs
Smoking Status: The client is a non-smoker, but uses marijuana daily and tested positive for THC.
Health Status: The client has no health conditions, but has a family history of cancer.
Result: We were able to secure a Tobacco Smoker with a Table 3 rating, when all other life insurance carriers declined.

Case Study 4
Gender: Male
Age: 55
Height & Weight: 6′ 1″ and 200 lbs
Smoking Status: The client is a non-smoker, but uses marijuana up to 3 times per week.
Health Status: The client has no health conditions and no family deaths before the age of 60.
Result: We were able to secure the client with the $25,000 no-exam life insurance policy needed for a business loan and were able to get him coverage the same day.

Case Study 5
Gender: Female
Age: 30
Height & Weight: 6′ 1″ and 200 lbs
Smoking Status: The client is a non-smoker, but uses marijuana daily and tested positive for THC.
Health Status: The client has high blood pressure and anxiety, however, these conditions are well controlled with medications.
Result: We were able to secure a Smoker’s rating when many other carriers declined.

Case Study 6
Gender: Male
Age: 50
Height & Weight: 6′ and 185
Smoking Status: The client is a non-smoker, but smoked pot before his insurance exam!
Health Status: Mild anxiety with one medication due to stress of job.
Status: Since we applied with one carrier and he didn’t disclosed to that he used marijuana, the rate came back as a smoker with a table 2 rating. We then switched out the insurance carrier and disclosed it on the application with the exam we had on file. We applied with this new carrier and SAVED him a ton of money! The offer was a non smoker plus rate! The client was extremely happy with the cost savings and having life insurance for his family.

Obtaining Affordable Life Insurance Isn’t Out of Reach

Marijuana use and protecting your family if you pass away are not mutually exclusive. You don’t have to give up one to get the other. If you use marijuana and want to make sure that your family is provided for if the unexpected occurs, we can help you find a life insurance for marijuana policy that fits you.

We have the ability to contact several different life insurance providers to determine which carrier is going to offer you the least expensive policy for your current health and lifestyle status, as opposed to shopping for life insurance with a single company and forcing clients to conform to their specific policies.

Whether your marijuana use is light, moderate, or heavy, we can discuss your unique needs with different insurance companies to determine who can insure you and for how much. This approach allows us to explore all of the options that are available to you, and to allow you to choose the policy and carrier that best fit your budget and your needs.

Need Life Insurance For Marijuana? Contact Us Today

If you want the peace of mind that comes with knowing that your family is protected no matter what happens, now is the time to get affordable life insurance coverage. Don’t assume that just because you use cannabis medicinally or recreationally that a cost-effective life insurance policy is out of reach. It isn’t!

Call today at (877) 817- 2583 or fill out the form below, and we’ll get you in touch with an independent life insurance agent who is ready to help you right away. You don’t have to go without the coverage you need to make sure your family will be taken care of.

Related Posts:
1. Life Insurance for Marijuana Smokers